NICE(US:NICE) ZACKSยท2024-06-04 14:01Core Viewpoint - Nice (NICE) has experienced a significant decline of -19.7% in share price over the past month, contrasting with the S&P 500's increase of +3.2% and the Zacks Internet - Software industry's slight loss of -0.4% [1] Earnings Estimates Revisions - For the current quarter, Nice is projected to report earnings of $2.57 per share, reflecting a year-over-year increase of +20.7% and a +3.3% change in the Zacks Consensus Estimate over the last 30 days [4] - The consensus earnings estimate for the current fiscal year stands at $10.64, indicating a +21.1% change from the previous year, with a +2.2% adjustment in the last month [4] - For the next fiscal year, the consensus estimate is $12.16, showing a +14.3% change from the prior year, with a +1.1% change over the past month [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $662.98 million, representing a year-over-year increase of +14.1% [8] - For the current fiscal year, the sales estimate is $2.73 billion, indicating a +14.8% change, while the next fiscal year's estimate of $3.03 billion reflects an +11.1% change [8] Last Reported Results and Surprise History - In the last reported quarter, Nice achieved revenues of $659.31 million, a +15.3% year-over-year increase, and an EPS of $2.58 compared to $2.03 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $654.81 million by +0.69%, and the EPS surpassed estimates by +5.31% [9] - Nice has consistently beaten consensus EPS and revenue estimates in the trailing four quarters [10] Valuation - Nice is graded C in the Zacks Value Style Score, indicating it is trading at par with its peers [14]