Endava(US:DAVA) ZACKSยท2025-05-14 13:36Core Insights - Endava PLC reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and showing an increase from $0.28 per share a year ago, resulting in an earnings surprise of 13.16% [1] - The company posted revenues of $245.33 million for the quarter ended March 2025, which was 3.02% below the Zacks Consensus Estimate, compared to $221.14 million in the same quarter last year [2] - Endava shares have declined approximately 30.7% year-to-date, contrasting with the S&P 500's slight gain of 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.44, with projected revenues of $261.18 million, and for the current fiscal year, the EPS estimate is $1.49 on revenues of $1.02 billion [7] - The estimate revisions trend for Endava 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 Computers - IT Services industry, to which Endava belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting that companies in the top half tend to outperform those in the bottom half by more than 2 to 1 [8] - Another company in the same industry, Wix.com, is expected to report quarterly earnings of $1.66 per share, reflecting a year-over-year increase of 28.7%, with revenues anticipated to be $471.78 million, up 12.4% from the previous year [9][10]