Manhattan Associates Q3 2024 Adj. EPS $1.35 Beats $1.06 Estimate, Sales $266.681M Beat $263.116M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates reported Q3 2024 earnings per share of $1.35, surpassing the analyst estimate of $1.06. The company's sales were $266.681 million, exceeding the expected $263.116 million and marking an 11.84% increase from the previous year.
October 22, 2024 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Manhattan Associates reported strong Q3 2024 results with EPS of $1.35, beating estimates by 27.36%, and sales of $266.681M, exceeding expectations and growing 11.84% YoY.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, suggests strong financial performance and could positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100