SPS Commerce (NASDAQ:SPSC – Get Free Report) will release its earnings data after the market closes on Thursday, October 24th. Analysts expect SPS Commerce to post earnings of $0.83 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
SPS Commerce (NASDAQ:SPSC – Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The software maker reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.03. The business had revenue of $153.60 million during the quarter, compared to analyst estimates of $151.87 million. SPS Commerce had a return on equity of 12.41% and a net margin of 12.31%. The company’s revenue was up 17.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.42 earnings per share. On average, analysts expect SPS Commerce to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
SPS Commerce Stock Down 0.8 %
NASDAQ:SPSC opened at $191.43 on Wednesday. The business’s 50-day moving average price is $193.42 and its 200 day moving average price is $190.56. SPS Commerce has a 52-week low of $151.96 and a 52-week high of $218.74. The firm has a market cap of $7.10 billion, a P/E ratio of 99.70 and a beta of 0.82.
Wall Street Analyst Weigh In
Read Our Latest Research Report on SPSC
Insider Transactions at SPS Commerce
In related news, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $201.35, for a total transaction of $402,700.00. Following the transaction, the director now directly owns 16,212 shares of the company’s stock, valued at approximately $3,264,286.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.
SPS Commerce Company Profile
SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.
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