NICE (NASDAQ:NICE) reported its Q4 earnings results on Thursday, February 17, 2022 at 05:30 AM.
Here's what investors need to know about the announcement.
Earnings
NICE beat estimated earnings by 1.76%, reporting an EPS of $1.73 versus an estimate of $1.7.
Revenue was up $77.06 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 0.97% increase in the share price the next day.
Here's a look at NICE's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 1.58 | 1.51 | 1.49 | 1.55 |
EPS Actual | 1.68 | 1.57 | 1.54 | 1.61 |
Revenue Estimate | 465.75M | 450.29M | 450.84M | 433.11M |
Revenue Actual | 494.41M | 458.86M | 456.95M | 438.41M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
NICE management provided guidance for their next quarter, expecting earnings between $1.65 and $1.75 per share for the next quarter.
This represents a -1.73% in quarter-over-quarter growth for NICE, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.