NICE Q4 Adj EPS $2.36 Beats $2.28 Estimate, Sales $623.19M Beat $618.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
NICE reported Q4 adjusted earnings of $2.36 per share, surpassing the $2.28 estimate, marking a 15.69% increase from last year. Sales reached $623.19M, exceeding the $618.51M estimate, up 9.61% from the previous year.
February 22, 2024 | 10:34 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
NICE's Q4 earnings and sales exceeded analyst expectations, with a notable year-over-year growth in both metrics.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant year-over-year growth further strengthens the case for a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100