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Asure Software Inc (ASUR) Q4 Earnings and Revenues Lag Estimates
ASURAsure Software(ASUR) ZACKS·2025-03-06 23:15

Company Performance - Asure Software Inc reported quarterly earnings of 0.15pershare,missingtheZacksConsensusEstimateof0.15 per share, missing the Zacks Consensus Estimate of 0.16 per share, but showing an increase from 0.07pershareayearago,resultinginanearningssurpriseof6.250.07 per share a year ago, resulting in an earnings surprise of -6.25% [1] - The company posted revenues of 30.79 million for the quarter ended December 2024, which was 0.30% below the Zacks Consensus Estimate, compared to 26.26millioninthesamequarterlastyear[2]Overthelastfourquarters,AsureSoftwarehasnotsurpassedconsensusEPSestimatesandhastoppedconsensusrevenueestimatesonlyonce[2]StockOutlookAsureSoftwareshareshaveincreasedapproximately5.626.26 million in the same quarter last year [2] - Over the last four quarters, Asure Software has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Outlook - Asure Software shares have increased approximately 5.6% since the beginning of the year, contrasting with a -0.7% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is 0.27 on revenues of 35.35million,andforthecurrentfiscalyear,itis35.35 million, and for the current fiscal year, it is 0.88 on revenues of $134.81 million [7] - The estimate revisions trend for Asure Software is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Delivery Services industry, to which Asure Software belongs, is currently in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]