Manhattan Associates (NASDAQ:MANH – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $4.22-4.30 for the period, compared to the consensus estimate of $3.91. The company issued revenue guidance of $1.036-1.044 billion, compared to the consensus revenue estimate of $1.03 billion. Manhattan Associates also updated its FY 2024 guidance to 4.220-4.300 EPS.
Manhattan Associates Trading Up 0.4 %
MANH stock traded up $0.85 during trading on Tuesday, reaching $226.00. 666,612 shares of the stock were exchanged, compared to its average volume of 412,410. The firm’s 50 day moving average is $231.63 and its 200 day moving average is $233.68. Manhattan Associates has a twelve month low of $182.97 and a twelve month high of $266.94. The firm has a market cap of $13.91 billion, a P/E ratio of 74.53 and a beta of 1.50.
Manhattan Associates (NASDAQ:MANH – Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The software maker reported $0.86 EPS for the quarter, topping the consensus estimate of $0.63 by $0.23. The firm had revenue of $254.55 million during the quarter, compared to the consensus estimate of $243.32 million. Manhattan Associates had a return on equity of 85.28% and a net margin of 19.91%. As a group, analysts predict that Manhattan Associates will post 2.72 earnings per share for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Analysis on MANH
Manhattan Associates Company Profile
Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.
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