Altair Engineering (ALTR) Q4 Earnings Lag Estimates

Company Performance - Altair Engineering reported quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share, but showing an increase from $0.46 per share a year ago, resulting in an earnings surprise of -1.89% [1] - The company posted revenues of $192.63 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.42%, compared to year-ago revenues of $171.5 million [2] - Over the last four quarters, Altair Engineering has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Outlook - Altair Engineering shares have added about 2% since the beginning of the year, underperforming the S&P 500's gain of 4.5% [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the coming quarter is $0.48 on revenues of $188.13 million, and $1.55 on revenues of $704.85 million for the current fiscal year [7] Industry Context - The Internet - Software industry, to which Altair Engineering belongs, is currently in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, EverCommerce, is expected to report a quarterly loss of $0.02 per share, reflecting a year-over-year change of +83.3%, with revenues projected at $169.96 million, up 0.3% from the previous year [9]