• Verint Systems Inc VRNT.OQ reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of seven analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 43 cents to 44 cents per share.

• Revenue rose 2.5% to $224.19 million from a year ago; analysts expected $210.14 million.

• Verint Systems Inc's reported EPS for the quarter was 39 cents​.

• The company reported quarterly net income of $24.72 million.

• Verint Systems Inc shares had fallen by 4.1% this quarter and lost 10.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Verint Systems Inc is $36.00

This summary was machine generated from LSEG data December 4 at 10:01 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)