Tyler Technologies Analysts Increase Their Forecasts After Strong Earnings
Portfolio Pulse from Avi Kapoor
Tyler Technologies reported better-than-expected Q3 EPS results and raised its FY24 EPS guidance. Despite missing sales estimates, several analysts increased their price targets for the stock.
October 25, 2024 | 7:05 pm
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POSITIVE IMPACT
Tyler Technologies reported Q3 EPS of $2.52, beating estimates, and raised FY24 EPS guidance. Despite missing sales estimates, analysts increased price targets, indicating positive sentiment.
Tyler Technologies' better-than-expected EPS and raised guidance are positive indicators. Analysts' increased price targets suggest confidence in future performance, likely boosting short-term stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100