Ci&T Inc CINT.N reported quarterly adjusted earnings of 41 centavos per share for the quarter , higher than the same quarter last year, when the company reported EPS of 33 centavos. The mean expectation of six analysts for the quarter was for earnings of 39 centavos per share. Wall Street expected results to range from 32 centavos to 50 centavos per share.
Revenue rose 17.6% to $622.16 million from a year ago; analysts expected R$597.19 million.
Ci&T Inc's reported EPS for the quarter was 21 centavos.
The company reported quarterly net income of R$28.57 million.
Ci&T Inc shares had risen by 1.6% this quarter and gained 31.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Ci&T Inc is $7.59
This summary was machine generated from LSEG data November 14 at 08:59 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.39 | 0.41 | Beat |
Jun. 30 2024 | 0.31 | 0.47 | Beat |
Mar. 31 2024 | 0.25 | 0.30 | Beat |
Dec. 31 2023 | 0.32 | 0.35 | Beat |
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