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

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$11.17
-0.04 (-0.36%)
(As of 11/1/2024 ET)

Magic Software Enterprises Latest Earnings Summary

Upcoming Q3
Earnings Date
Nov. 12Estimated
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 beat analysts' consensus estimates 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 $0.68 and a P/E Ratio of 16.43, Magic Software Enterprises' earnings are expected to grow 4.21% next year, from $0.95 to $0.99 per share.

MGIC Upcoming Earnings

Magic Software Enterprises' next earnings date is estimated for Tuesday, November 12, 2024, based off prior year's reporting schedules.

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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$0.25$0.25$0.25 
Q4 20251$0.25$0.25$0.25 
FY 20254$0.99$0.99 $0.99

Magic Software Enterprises Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/12/2024
(Estimated)
------- 
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  
11/14/2022Q3 2022$0.27$0.28+$0.01$0.33$131.70M$143.96M

Magic Software Enterprises Earnings - Frequently Asked Questions

Magic Software Enterprises has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 12th, 2024 based off last year's report dates. Learn more on MGIC's earnings history.

Magic Software Enterprises issued an update on its FY 2024 earnings guidance on Wednesday, August, 14th. The company issued revenue guidance of $540.0 million-$550.0 million, compared to the consensus revenue estimate of $544.4 million.

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 $535.05 million.

Magic Software Enterprises (NASDAQ:MGIC) has a recorded net income of $37.03 million. MGIC has generated $0.68 earnings per share over the last four quarters.

Magic Software Enterprises (NASDAQ:MGIC) has a trailing price-to-earnings ratio of 16.43 and a forward price-to-earnings ratio of 11.76.

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 11/2/2024 by MarketBeat.com Staff
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