Company Overview - Logility Supply Chain Solutions (LGTY) shares increased by 24.7% to close at $14.12, supported by high trading volume compared to normal sessions [1] - The stock has shown a 0.3% gain over the past four weeks, indicating a positive trend [1] Earnings Expectations - The upcoming quarterly earnings for Logility are projected at $0.08 per share, reflecting a year-over-year decline of 57.9% [2] - Expected revenues for the quarter are $24.87 million, which is a decrease of 2.6% from the same quarter last year [2] Market Position and Trends - The consensus EPS estimate for Logility has remained unchanged over the last 30 days, suggesting stability in earnings expectations [3] - The stock's price movement is typically correlated with trends in earnings estimate revisions, indicating that future price strength may depend on changes in earnings forecasts [3] Industry Context - Logility operates within the Zacks Technology Services industry, where another company, Veralto (VLTO), closed 1.5% higher at $103.28, but has seen a -1.3% return over the past month [3] - Veralto's consensus EPS estimate has slightly decreased by 0.1% to $0.88, representing a year-over-year increase of 1.2% [4]
Logility Supply Chain Solutions (LGTY) Surges 24.7%: Is This an Indication of Further Gains?