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Magic Software Enterprises (MGIC) Earnings Date, Estimates & Call Transcripts

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$10.92 -0.04 (-0.36%)
(As of 11/20/2024 ET)

Magic Software Enterprises Latest Earnings Summary

Latest Q2 2024
Earnings Date
Aug. 14Estimated
Actual EPS
(Aug. 14)
$0.24 Beat By $0.02
Consensus EPS
(Aug. 14)
$0.22

Magic Software Enterprises announced Q2 2024 earnings on August 14, 2024, reporting an EPS of $0.24, which topped the consensus estimate of $0.22 by $0.02. Quarterly revenue was reported to be $136.25 million, above the consensus estimate of $132.10 million. With a trailing EPS of $0.70 and a P/E Ratio of 15.60, Magic Software Enterprises' earnings are expected to grow 4.21% next year, from $0.95 to $0.99 per share.

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MGIC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGIC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magic Software Enterprises Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.21$0.21$0.21 
Q2 20241$0.22$0.22$0.22 
Q3 20241$0.20$0.20$0.20 
Q4 20241$0.25$0.25$0.25 
FY 20244$0.88$0.88$0.88 
Q1 20251$0.25$0.25$0.25 
Q2 20251$0.24$0.24$0.24 
Q3 20251$0.26$0.26$0.26 
Q4 20251$0.25$0.25$0.25 
FY 20254$1.00$1.00 $1.00

Magic Software Enterprises Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/14/2024Q2 2024$0.22$0.24+$0.02$0.30$132.10M$136.25M      
5/16/2024Q1 2024$0.21$0.23+$0.02$0.28$126.80M$130.72M  
3/13/2024Q4 2023$0.20$0.24+$0.04$0.31$115.00M$125.55M  
11/14/2023Q3 2023$0.26$0.21 -$0.05$0.27$129.30M$129.48M  
8/14/2023Q2 2023$0.26$0.28+$0.02$0.33$142.30M$137.58M      
5/18/2023Q1 2023$0.28$0.26 -$0.02$0.32$143.40M$142.44M  
3/9/2023Q4 2022$0.26$0.28+$0.02$0.36$143.00M$147.15M  

Magic Software Enterprises Earnings - Frequently Asked Questions

Magic Software Enterprises (NASDAQ:MGIC) last announced its quarterly earning data on Wednesday, August 14, 2024. Learn more on MGIC's earnings history.

In the previous quarter, Magic Software Enterprises (NASDAQ:MGIC) reported $0.24 earnings per share (EPS) to beat the analysts' consensus estimate of $0.22 by $0.02. Learn more on analysts' earnings estimate vs. MGIC's actual earnings.

The conference call for Magic Software Enterprises's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Magic Software Enterprises's latest earnings report can be read online.
Read Transcript

Magic Software Enterprises (NASDAQ:MGIC) has a recorded annual revenue of $535.48 million.

Magic Software Enterprises (NASDAQ:MGIC) has a recorded net income of $37.03 million. MGIC has generated $0.70 earnings per share over the last four quarters.

Magic Software Enterprises (NASDAQ:MGIC) has a trailing price-to-earnings ratio of 16.06 and a forward price-to-earnings ratio of 11.49.

Magic Software Enterprises's earnings are expected to grow from $0.95 per share to $0.99 per share in the next year, which is a 4.21% increase.

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This page (NASDAQ:MGIC) was last updated on 11/21/2024 by MarketBeat.com Staff
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