Endava Q4 2024 Adj. EPS £0.22 May Not Be Comparable To £22.62 Estimate, Sales £194.418M Miss £195.668M Estimate
Portfolio Pulse from Benzinga Newsdesk
Endava reported Q4 2024 earnings with an adjusted EPS of £0.22, a significant decrease from last year's £0.57, and sales of £194.418M, slightly missing the £195.668M estimate. Despite the miss, sales increased by 2.44% from the previous year.
September 19, 2024 | 11:35 am
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Endava's Q4 2024 earnings report shows a significant drop in EPS to £0.22 from £0.57 last year, and a slight sales miss at £194.418M against a £195.668M estimate. Despite the miss, sales increased by 2.44% year-over-year.
The significant drop in EPS and the slight miss in sales estimates are likely to negatively impact Endava's stock price in the short term. However, the year-over-year sales growth of 2.44% may provide some support.
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IMPORTANCE 80
RELEVANCE 100