- Manhattan Associates reported an adjusted Earnings Per Share (EPS) of $1.17 for the fourth quarter, surpassing the estimated $1.06 and last year’s $1.03.
- The company’s revenue for the quarter reached $255.8 million, marking a 7.4% increase year-over-year, slightly above the anticipated $253.8 million.
- Cloud subscription revenue grew significantly by 26% to $90.3 million, exceeding the forecasted $89.5 million.
- Software license revenue was reported at $5.45 million, showing a 4.1% increase and notably higher than the expected $2.98 million.
- Services revenue was marginally up by 0.3% to $119.5 million, though it fell short of the estimated $121.7 million.
- Market analysts have issued 8 buy ratings, 2 hold ratings, and 1 sell rating for Manhattan Associates.
A look at Manhattan Associates Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Manhattan Associates, a company specializing in information technology solutions for distribution centers, has received a positive long-term outlook based on Smartkarma Smart Scores analysis. With a strong score in Growth and Resilience, the company is positioned well for future expansion and to weather economic uncertainties. The company’s focus on optimizing inventory management and supply chain efficiency aligns with market trends towards streamlined operations.
Although Manhattan Associates scored lower in Value and Dividend, the high scores in Growth and Momentum indicate potential for long-term capital appreciation and market performance. The company’s emphasis on technological innovation and operational resilience bodes well for its sustainability and adaptability in a rapidly evolving business landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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