Verint Systems (VRNT) Misses Q1 Earnings Estimates

Core Viewpoint - Verint Systems reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share, and down from $0.59 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -3.33%, and the company had a significant prior quarter surprise of -22.05% with actual earnings of $0.99 compared to an expected $1.27 [2] - Revenues for the quarter ended April 2025 were $208.1 million, exceeding the Zacks Consensus Estimate by 6.71%, but down from $221.28 million year-over-year [3] - Over the last four quarters, Verint has surpassed consensus revenue estimates twice [3] Stock Performance - Verint shares have declined approximately 35.1% since the beginning of the year, contrasting with a 1.5% gain in the S&P 500 [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.68 on revenues of $230.2 million, and for the current fiscal year, it is $2.92 on revenues of $958.59 million [8] - The estimate revisions trend for Verint is mixed, and changes in earnings expectations may occur following the recent earnings report [7] Industry Context - The Computer - Software industry, to which Verint belongs, is currently ranked in the top 22% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]