Endava Q3 2024 Adj EPS £0.22 May Not Be Comparable To £18.33 Estimate, Sales £174.365M Miss £174.808M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endava reported Q3 2024 adjusted EPS of £0.22, which may not be comparable to the £18.33 estimate. Sales were £174.365 million, missing the £174.808 million estimate.
May 23, 2024 | 11:27 am
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NEGATIVE IMPACT
Endava's Q3 2024 adjusted EPS of £0.22 may not be comparable to the £18.33 estimate, and sales of £174.365 million missed the £174.808 million estimate.
The significant discrepancy in EPS and the sales miss are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100