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Agilysys (AGYS) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
AGYSAgilysys(AGYS) ZACKS·2024-10-23 14:21

Core Viewpoint - Wall Street analysts forecast a quarterly earnings per share (EPS) of 0.26forAgilysys,indicatingayearoveryearincreaseof40.26 for Agilysys, indicating a year-over-year increase of 4% and anticipated revenues of 66.66 million, reflecting a 13.7% increase compared to the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [1] - Analysts project 'Net revenue- Products' to be 10.42million,suggestingayearoveryeardeclineof17.610.42 million, suggesting a year-over-year decline of 17.6% [2] - The estimate for 'Net revenue- Subscription and maintenance' is 39.60 million, indicating a year-over-year increase of 15.6% [2] - 'Net revenue- Professional services' is estimated at $16.31 million, reflecting a significant year-over-year increase of 39.1% [2] Group 2: Stock Performance and Market Position - Over the past month, Agilysys shares have recorded a return of +0.9%, compared to the Zacks S&P 500 composite's +2.7% change [2] - Agilysys holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the upcoming period [2]