CORRECTION: Endava Q3 EPS $0.72 Beats $0.66 Estimate, Sales $247.21M Miss $251.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endava reported Q3 earnings of $0.72 per share, beating the analyst consensus estimate of $0.66 by 9.09%. However, the company's quarterly sales of $247.21 million missed the estimate of $251.01 million by 1.51%.
May 23, 2023 | 12:08 pm
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Endava's Q3 earnings per share beat estimates, but sales missed expectations.
Endava's stock price may experience mixed reactions due to the better-than-expected earnings per share but lower-than-expected sales. The positive EPS may attract investors, while the missed sales target could raise concerns about the company's growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100