* Agilysys Inc reported quarterly adjusted earnings of 35 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of five analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 25 cents to 35 cents per share.
* Revenue rose 16.5% to $68.28 million from a year ago; analysts expected $67.50 million.
* Agilysys Inc's reported EPS for the quarter was 5 cents.
* The company reported quarterly net income of $1.36 million.
* Agilysys Inc shares had risen by 1.1% this quarter and gained 29.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Agilysys Inc is 125.00 This summary was machine generated from LSEG data October 29 at 02:44 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.30 0.35 Beat
Jun. 30 2024 0.26 0.30 Beat
Mar. 31 2024 0.28 0.32 Beat
Dec. 31 2023 0.26 0.35 Beat
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