Sapiens International Corporation N.V. reports results for the quarter ended September 30 - Earnings Summary

• Sapiens International Corporation N.V. SPNS.OQ reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of five analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 36 cents to 39 cents per share.

• Revenue rose 4.8% to $137.03 million from a year ago; analysts expected $140.07 million.

• Sapiens International Corporation N.V.'s reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $18.34 million.

• Sapiens International Corporation N.V. shares had risen by 6.3% this quarter and gained 39.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Sapiens International Corporation N.V. is 40.00

This summary was machine generated from LSEG data November 11 at 03:31 p.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)