Core Insights - Wall Street analysts forecast that Manhattan Associates (MANH) will report quarterly earnings of $1.12 per share, indicating a year-over-year decline of 5.1% [1] - Anticipated revenues are projected to be $263.29 million, reflecting a decrease of 0.8% compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 0.7% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are critical for predicting investor behavior and are strongly linked to short-term stock price performance [3] Revenue Estimates - Analysts estimate 'Revenue- Software license' will reach $1.94 million, a year-over-year decline of 36.7% [5] - 'Revenue- Hardware' is expected to be $6.47 million, down 17% from the prior-year quarter [5] - 'Revenue- Services' is projected at $125.36 million, indicating a year-over-year change of -8.4% [5] - 'Revenue- Maintenance' is estimated at $29.93 million, reflecting a year-over-year decline of 15.2% [6] - 'Revenue- Cloud subscriptions' is expected to reach $99.53 million, showing a positive change of 20.8% from the year-ago quarter [6] Stock Performance - Manhattan Associates shares have increased by 8.5% in the past month, outperforming the Zacks S&P 500 composite, which rose by 5.4% [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]
Unveiling Manhattan Associates (MANH) Q2 Outlook: Wall Street Estimates for Key Metrics