- Endava plc (NYSE: DAVA) is predicted to report Q4 2023 financial results before Sept. 19, 2023.
- Analysts forecast a decrease in earnings to 56 cents per share.
- Revenue is projected to increase to $233.43 million from $217.44 million in the same quarter last year.
- Endava's 2023 Q4 earnings may impact investor sentiment and stock performance.
As the market prepares for Endava plc’s Q4 2023 financial results, expected before September 19, 2023, investors and analysts are intently scrutinizing the predictions and the potential impacts they may have on the company’s stock performance.
Analysts forecast a potential decrease in Endava's earnings, estimating about 56 cents per share compared to the 61 cents per share recorded during the same period last year. However, despite this anticipated decrease in earnings per share, the company's revenue is projected to experience an upturn, increasing from $217.44 million to an estimated $233.43 million.
This financial forecast contributes significantly to the current market speculation about Endava plc, a leading provider of digital transformation, software development, and automated testing services. The company's stock outlook, heavily affected by these predictions, is consequently influencing investor sentiment.
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