Manhattan Associates Q2 Adj EPS $0.88 Beats $0.72 Estimate, Sales $231.02M Beat $216.69M Estimate
Portfolio Pulse from totan@benzinga.com
Manhattan Associates (NASDAQ:MANH) reported Q2 earnings of $0.88 per share, beating the analyst consensus estimate of $0.72 by 22.22%. This is a 27.54% increase from the same period last year. The company also reported quarterly sales of $231.02 million, beating the analyst consensus estimate of $216.69 million by 6.61%, a 20.37% increase from the same period last year.
July 25, 2023 | 8:08 pm
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Manhattan Associates reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Manhattan Associates reported Q2 earnings and sales that beat analyst estimates, which is typically a positive signal for the stock. The company's earnings per share increased by 22.22% and sales increased by 6.61% compared to analyst estimates, which could lead to a positive market reaction.
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