What To Expect From Agilysys's (AGYS) Q4 Earnings

Hospitality software provider Agilysys (NASDAQ:AGYS) will be announcing earnings results this Monday after market close. Here’s what to expect.

Agilysys beat analysts’ revenue expectations by 3.1% last quarter, reporting revenues of $79.3 million, up 16.1% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and full-year revenue guidance topping analysts’ expectations.

Is Agilysys a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Agilysys’s revenue to grow 14% year on year to $79.28 million, in line with the 14.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.46 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Agilysys has missed Wall Street’s revenue estimates three times over the last two years.

With Agilysys being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for vertical software stocks. However, the whole sector has been hit hard over the last month as stocks in Agilysys’s peer group are down 8.6% on average. Agilysys is down 11.4% during the same time and is heading into earnings with an average analyst price target of $142 (compared to the current share price of $107.70).

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