Tyler Technologies (NYSE:TYL) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:17 PM.
Here's what investors need to know about the announcement.
Earnings
Tyler Technologies beat estimated earnings by 0.57%, reporting an EPS of $1.75 versus an estimate of $1.74.
Revenue was up $150.77 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25, which was followed by a 2.19% increase in the share price the next day.
Here's a look at Tyler Technologies's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.76 | 1.63 | 1.32 | 1.42 |
| EPS Actual | 2.01 | 1.83 | 1.43 | 1.39 |
| Revenue Estimate | 425.02M | 376.06M | 288.91M | 291.48M |
| Revenue Actual | 459.87M | 405.36M | 294.80M | 283.41M |
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
Tyler Technologies management provided guidance for their next quarter, expecting earnings between $7.41 and $7.58 per share for the next quarter.
This represents a 328.29% in quarter-over-quarter growth for Tyler Technologies, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
