Exploring Manhattan Associates's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Manhattan Associates (NASDAQ:MANH) is set to announce its quarterly earnings on October 22, 2024. Analysts expect an EPS of $1.06. The company has a history of surpassing EPS estimates, which previously led to significant stock price increases. Currently, the stock is trading at $298.28, with a 52-week increase of 55.24%. Analysts have a 'Buy' consensus with a price target of $286.4, indicating a potential downside. Manhattan Associates shows strong revenue growth and profitability compared to peers.
October 21, 2024 | 5:00 pm
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Manhattan Associates is expected to announce its earnings with an EPS estimate of $1.06. The company has a history of beating estimates, which previously led to stock price increases. Analysts have a 'Buy' rating, but the price target suggests a potential downside.
Manhattan Associates has a track record of surpassing earnings estimates, which has historically led to positive stock price movements. The upcoming earnings announcement is likely to be closely watched by investors. Despite a 'Buy' rating, the price target suggests a potential downside, but the company's strong financial performance and growth metrics could lead to a positive short-term impact if earnings exceed expectations.
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