Manhattan Associates Q3 Adj. EPS $1.05 Beats $0.76 Estimate, Sales $238.40M Beat $226.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates (NASDAQ:MANH) reported Q3 earnings of $1.05 per share, beating the analyst consensus estimate of $0.76 by 38.16%. This is a 59.09% increase from the same period last year. The company also reported quarterly sales of $238.40 million, beating the analyst consensus estimate of $226.21 million by 5.39%. This is a 20.34% increase from the same period last year.
October 24, 2023 | 8:09 pm
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POSITIVE IMPACT
Manhattan Associates reported strong Q3 results, beating both earnings and sales estimates. This could lead to a positive market reaction.
Manhattan Associates reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This is generally seen as a positive signal by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100