Exploring Manhattan Associates's Earnings Expectations

Manhattan Associates (NASDAQ:MANH) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Manhattan Associates will report an earnings per share (EPS) of $1.06.

The announcement from Manhattan Associates is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.22, leading to a 10.54% increase in the share price the following trading session.

Here's a look at Manhattan Associates's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.96

0.87

0.80

0.76

EPS Actual

1.18

1.03

1.03

1.05

Price Change %

11.0%

-11.0%

8.0%

2.0%

Market Performance of Manhattan Associates's Stock

Shares of Manhattan Associates were trading at $298.28 as of October 18. Over the last 52-week period, shares are up 55.24%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Manhattan Associates

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Manhattan Associates.

Analysts have given Manhattan ...