Manhattan Associates Q4 Adj EPS $1.03 Beats $0.80 Estimate, Sales $238.25M Beat $223.97M Estimate
Portfolio Pulse from totan@benzinga.com
Manhattan Associates (NASDAQ:MANH) exceeded Q4 earnings and sales estimates, with an adjusted EPS of $1.03, surpassing the $0.80 forecast, and sales of $238.25M, beating the $223.97M estimate. This reflects a significant increase from the previous year's results.
January 30, 2024 | 9:06 pm
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POSITIVE IMPACT
Manhattan Associates reported strong Q4 results, with both earnings and sales surpassing analyst expectations, indicating robust financial performance.
The positive earnings and sales beat by Manhattan Associates are likely to instill investor confidence and could lead to a short-term uptick in the stock price as the market reacts to the better-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100