* American Software Inc reported quarterly adjusted earnings of 12 cents per share for the quarter ended in January, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of 8 cents per share. 8 cents per share.
* Revenue fell 15.1% to $25.39 million from a year ago; analysts expected $25.12 million.
* American Software Inc's reported EPS for the quarter was 7 cents.
* The company reported quarterly net income of $2.17 million.
* American Software Inc shares had fallen by 9.4% this quarter and lost 8.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 6.3% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for American Software Inc is $16.00 This summary was machine generated from LSEG data June 6 at 09:57 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jan. 1 0001 0.12
Jan. 31 2024 0.19
Oct. 31 2023 0.09 0.08 Missed
Jul. 31 2023 0.09 0.12 Beat