What Analyst Projections for Key Metrics Reveal About American Software (AMSWA) Q3 Earnings

Core Insights - Analysts project that American Software (AMSWA) will report quarterly earnings of $0.06 per share, reflecting a year-over-year decline of 53.9% [1] - Revenue estimates for the quarter are expected to reach $24.12 million, down 22.2% from the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Breakdown - 'Revenues- Professional services and other' are estimated at $2.81 million, indicating a year-over-year decline of 66.3% [2] - 'Revenues- Maintenance' are forecasted to be $7.39 million, suggesting a decrease of 14.6% year over year [2] - 'Revenues- Subscription fees' are predicted to reach $13.72 million, reflecting a year-over-year increase of 5.5% [2] Stock Performance - Shares of American Software have decreased by 6.2% over the past month, contrasting with a 5.2% increase in the Zacks S&P 500 composite [3] - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [3]