For the quarter ended September 2024, Good (NICE) reported income of $689.96 million, up 14.7% over the identical interval final yr. EPS got here in at $2.88, in comparison with $2.27 within the year-ago quarter.
The reported income represents a shock of +1.07% over the Zacks Consensus Estimate of $682.67 million. With the consensus EPS estimate being $2.68, the EPS shock was +7.46%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s value efficiency extra precisely.
Right here is how Good carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Income by Enterprise Mannequin- Cloud: $500.11 million in comparison with the $506.54 million common estimate based mostly on seven analysts. The reported quantity represents a change of +24% yr over yr.
- Income by Enterprise Mannequin- Providers: $149.86 million versus $148.66 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.5% change.
- Income by Enterprise Mannequin- Product: $39.99 million versus $27.48 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.8% change.
View all Key Company Metrics for Nice here>>>
Shares of Good have returned +12% over the previous month versus the Zacks S&P 500 composite’s +3.1% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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