Bentley Systems, Incorporated (BSY) Q1 Earnings and Revenues Top Estimates

Company Performance - Bentley Systems reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.30 per share, and up from $0.31 per share a year ago, representing an earnings surprise of 16.67% [1] - The company posted revenues of $370.54 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.61%, compared to revenues of $337.76 million in the same quarter last year [2] - Over the last four quarters, Bentley Systems has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Bentley Systems shares have declined approximately 6.3% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $361.2 million, and for the current fiscal year, it is $1.15 on revenues of $1.48 billion [7] Industry Context - The Internet - Software industry, to which Bentley Systems belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]