* Commvault Systems Inc reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of six analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 73 cents to 78 cents per share.

* Revenue rose 16.1% to $233.28 million from a year ago; analysts expected $220.78 million.

* Commvault Systems Inc's reported EPS for the quarter was 35 cents​.

* The company reported quarterly net income of $15.57 million.

* Commvault Systems Inc shares had fallen by 11.0% this quarter and gained 71.5% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 0.1% 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 "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Commvault Systems Inc is 169.50 This summary was machine generated from LSEG data October 29 at 02:16 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 0.76 0.83 Beat

Jun. 30 2024 0.73 0.85 Beat

Mar. 31 2024 0.73 0.79 Beat

Dec. 31 2023 0.73 0.78 Beat