Concentrix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Concentrix Corporation is set to release its second-quarter earnings results on June 26, with expected earnings of $2.75 per share, an increase from $2.69 per share in the same period last year [1] - The company projects quarterly revenue to remain stable at $2.38 billion, unchanged from the previous year [1] Previous Performance - In the previous quarter reported on March 26, Concentrix achieved earnings of $2.79 per share, surpassing the analyst consensus estimate of $2.58 [2] - Quarterly revenue for that period was $2.37 billion, exceeding the analyst consensus estimate of $2.36 billion, although it was a slight decline from $2.4 billion in the same quarter last year [2] - Following the earnings report, Concentrix shares increased by 0.2%, closing at $54.17 [2] Analyst Ratings - Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Concentrix but reduced the price target from $100 to $80 [5] - Baird analyst David Koning initiated coverage with an Outperform rating and set a price target of $70 [5]