SPS Commerce Sees Q4 Adj EPS $0.83-0.84 vs $0.88 Est; Sees Sales $168.500M-169.500M vs $167.57M Est.
Portfolio Pulse from Benzinga Newsdesk
SPS Commerce (NASDAQ:SPSC) has provided guidance for Q4 with adjusted EPS expected to be $0.83-0.84, below the analyst estimate of $0.88. However, the company anticipates sales between $168.5 million and $169.5 million, slightly above the analyst estimate of $167.57 million.
October 24, 2024 | 8:17 pm
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SPS Commerce's Q4 guidance shows a lower than expected EPS of $0.83-0.84 compared to the $0.88 estimate, which may negatively impact investor sentiment. However, sales are projected to be slightly higher than expected, which could mitigate some concerns.
The lower EPS guidance compared to analyst estimates is likely to weigh on the stock price as it suggests lower profitability. However, the higher sales forecast could provide some support, indicating strong revenue performance. Overall, the negative EPS outlook is likely to have a more significant impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100