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Agilysys (AGYS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
AGYSAgilysys(AGYS) Zacks Investment Research·2024-05-08 14:17

Core Viewpoint - Agilysys (AGYS) is expected to report a quarterly earnings per share (EPS) of 0.24,reflectingayearoveryeardeclineof7.70.24, reflecting a year-over-year decline of 7.7%, while revenues are anticipated to increase by 16.9% to 61.84 million [1] Group 1: Earnings and Revenue Estimates - Analysts have maintained the consensus EPS estimate for the upcoming quarter over the last 30 days, indicating a reevaluation of initial projections [1] - The 'Net revenue- Subscription and maintenance' is projected to reach 36.78million,representingayearoveryearincreaseof17.236.78 million, representing a year-over-year increase of 17.2% [2] - The 'Net revenue- Professional services' is estimated at 13.48 million, suggesting a significant year-over-year growth of 32.3% [2] - 'Net revenue- Products' is forecasted to be $11.60 million, indicating a modest increase of 2.2% from the prior-year quarter [2] Group 2: Stock Performance and Market Position - Agilysys shares have decreased by 4.6% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.2% [3] - With a Zacks Rank of 3 (Hold), AGYS is expected to closely follow the overall market performance in the near term [3]