Top Wall Street Forecasters Revamp Endava Price Expectations Ahead Of Q4 Earnings
Portfolio Pulse from Avi Kapoor
Endava plc (NYSE:DAVA) is set to release its Q4 earnings on Sept. 19, with expected earnings of 30 cents per share, down from 71 cents a year ago, and projected revenue of $256.75 million. Analysts have adjusted their price targets, maintaining positive ratings but lowering expectations.
September 18, 2024 | 6:57 am
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Endava's upcoming Q4 earnings report is expected to show a decrease in EPS to $0.30 from $0.71 last year, with revenue projected at $256.75 million. Analysts have maintained positive ratings but lowered price targets, indicating cautious optimism.
The expected decrease in EPS and the adjustment of price targets by analysts suggest a cautious outlook. However, the maintenance of positive ratings indicates that analysts still see potential in the stock, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100