Sapiens (SPNS) got here out with quarterly earnings of $0.21 per share, beating the Zacks Consensus
Sapiens (SPNS) got here out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.15 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 10.53%. 1 / 4 in the past, it was anticipated that this supplier of software program and companies to the insurance coverage trade would publish earnings of $0.17 per share when it really produced earnings of $0.19, delivering a shock of 11.76%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Sapiens, which belongs to the Zacks Pc – Software program trade, posted revenues of $82.64 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.42%. This compares to year-ago revenues of $73.24 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.
The sustainability of the inventory’s speedy value…