Stock Track | Manhattan Associates Soars 6.24% in 24-Hour Trading on Q2 Earnings Beat and Upgraded Full-Year Guidance

Stock Track07-29

Manhattan Associates (MANH) experienced a 6.24% surge in its 24-hour trading, driven by the company's second-quarter results that surpassed analyst expectations and an upward revision to its full-year 2026 guidance.

The supply chain software company reported adjusted earnings per share of $1.39, beating the consensus estimate of $1.32. Revenue rose 9.3% to $297.8 million, exceeding the $287.9 million expected by analysts. Strong demand for cloud-based supply chain and commerce solutions, along with a third consecutive record bookings quarter, fueled the outperformance.

Looking ahead, Manhattan Associates raised its full-year 2026 revenue guidance to a range of $1.16 billion to $1.166 billion, representing 7%–8% growth. Adjusted EPS is now expected to be between $5.44 and $5.50, up 8%–9% and above the FactSet consensus of $5.37. Management expressed confidence in business momentum while acknowledging ongoing global macroeconomic volatility.

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