Endava PLC Sponsored ADR (DAVA) Matches Q2 Earnings Estimates

Core Insights - Endava PLC reported quarterly earnings of $0.21 per share, matching the Zacks Consensus Estimate, but down from $0.38 per share a year ago, indicating a decline in profitability [1] - The company achieved revenues of $244.9 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.73%, but down from $250.63 million year-over-year [2] - Endava's stock has underperformed, losing approximately 17.3% since the beginning of the year, while the S&P 500 has gained 0.5% [3] Earnings Performance - The earnings surprise for the recent quarter was +0.96%, while the previous quarter saw a -20% surprise [1][2] - Over the last four quarters, Endava has exceeded consensus EPS estimates two times and topped revenue estimates only once [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $247.21 million, and for the current fiscal year, it is $1.05 on revenues of $968.41 million [7] - The estimate revisions trend for Endava was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [6] Industry Context - The Computers - IT Services industry, to which Endava belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]