Earnings Preview: Manhattan Associates (MANH) Q3 Earnings Expected to Decline

Core Viewpoint - Manhattan Associates (MANH) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $1.18 per share, reflecting a year-over-year decrease of 12.6%, while revenues are projected to be $271.32 million, representing a 1.7% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 1.12% higher, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Manhattan Associates is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.43%, suggesting a bearish outlook on earnings prospects [12]. Historical Performance - In the last reported quarter, Manhattan Associates exceeded the expected earnings of $1.12 per share by delivering $1.31, achieving a surprise of +16.96%. The company has beaten consensus EPS estimates in the last four quarters [13][14]. Investment Considerations - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 3 makes it challenging to predict a positive outcome for the upcoming earnings report [12][17].