Bentley Systems Q1 Earnings Announcement Scheduled
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy BSY?
Source: seekingalpha
- Earnings Release Date: Bentley Systems is set to announce its Q1 earnings on May 7th before market open, with a consensus EPS estimate of $0.36, reflecting a 2.9% year-over-year growth, indicating the company's stable profitability.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $419.89 million, representing a 13.3% year-over-year increase, showcasing the company's ability to sustain revenue growth amid strong market demand.
- Historical Performance Review: Over the past two years, Bentley Systems has beaten EPS estimates 63% of the time and revenue estimates 75% of the time, demonstrating its reliability and adaptability in financial performance.
- Forecast Revision Dynamics: In the last three months, EPS estimates have seen five upward revisions and three downward adjustments, while revenue estimates have experienced twelve upward revisions with no downward changes, indicating increased analyst confidence in the company's future performance.
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Analyst Views on BSY
Wall Street analysts forecast BSY stock price to rise
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 33.620
Low
47.00
Averages
55.43
High
65.00
Current: 33.620
Low
47.00
Averages
55.43
High
65.00
About BSY
Bentley Systems, Incorporated is an infrastructure engineering software company. Its products are used by infrastructure professionals in designing, building, and operating infrastructure for transportation, water, energy, cities, and more. Its portfolio of integrated software offerings comprises Bentley Open Applications, Seequent, Bentley Infrastructure Cloud, Bentley Asset Analytics and Cesium and iTwin Platform. Bentley Open Applications offer an open modeling environment comprising domain‑specific modeling and simulation applications that analyze the functional performance of designs. Seequent applications support modeling and simulation to help geoprofessionals and infrastructure engineers develop a detailed understanding, and take full account of, near and deep subsurface conditions. Bentley Infrastructure Cloud is its enterprise information system that spans the end‑to‑end lifecycle and value chain of the infrastructure. Bentley Asset Analytics is its asset analytics product.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Growth Expectations: The revenue estimate for Q1 stands at $419.89 million, representing a 13.3% year-over-year increase, showcasing the company's ability to sustain revenue growth amid strong market demand.
- Historical Performance Review: Over the past two years, Bentley Systems has beaten EPS estimates 63% of the time and revenue estimates 75% of the time, demonstrating its reliability and adaptability in financial performance.
- Forecast Revision Dynamics: In the last three months, EPS estimates have seen five upward revisions and three downward adjustments, while revenue estimates have experienced twelve upward revisions with no downward changes, indicating increased analyst confidence in the company's future performance.
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- Market Impact: This adjustment reflects an increase in the company's valuation and market expectations.
See More
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- Earnings Release Date: Bentley Systems is set to announce its Q1 earnings on May 7th before market open, with a consensus EPS estimate of $0.36, reflecting a 2.9% year-over-year growth, indicating the company's stable profitability.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $419.89 million, representing a 13.3% year-over-year increase, showcasing the company's ability to sustain revenue growth amid strong market demand.
- Historical Performance Review: Over the past two years, Bentley Systems has beaten EPS estimates 63% of the time and revenue estimates 75% of the time, demonstrating its reliability and adaptability in financial performance.
- Forecast Revision Dynamics: In the last three months, EPS estimates have seen five upward revisions and three downward adjustments, while revenue estimates have experienced twelve upward revisions with no downward changes, indicating increased analyst confidence in the company's future performance.
See More
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- Increased Risk Appetite: The reduction in geopolitical tensions has lowered market volatility, creating a more stable environment for corporate spending and investment, which benefits the software sector as valuation prospects improve and attract more capital inflows.
- Inflation Pressure Eases: The fading threat of energy-induced inflation has reduced macro pressure on interest rates, which typically weighs on tech valuations, further encouraging investor risk appetite and enhancing the attractiveness of growth-oriented sectors.
- Upstart's Price Volatility: Upstart (NASDAQ:UPST) saw a 2.7% rise in its stock price, despite a 41% decline year-to-date, with its current price at $27.04, representing a 67.9% drop from its 52-week high of $84.13, reflecting a complex market perception of its future potential.
See More
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See More
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- Hims & Hers Health Decline: Hims & Hers Health's stock fell about 1.6% despite trading over 10.4 million shares, suggesting market concerns regarding its business outlook, which could impact its short-term investment appeal.
- Bentley Systems Underperformance: Within the iShares S&P Mid-Cap 400 Growth ETF, Bentley Systems traded down approximately 4.5%, indicating relative weakness in the market, which may lead investors to reassess its investment value.
- Overall ETF Trading Trends: Wednesday's ETF trading revealed unusual volumes, particularly in the IJK ETF, potentially reflecting increased market interest in mid-cap growth stocks, influencing overall market sentiment.
See More
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- Decline in Short Interest: According to S3 Partners, short interest in the S&P 1500 Software Index has decreased after peaking on February 26, indicating a reduction in bearish sentiment following a 23% year-to-date decline in the sector.
- Increase in Individual Stocks: Despite the overall decline, UiPath experienced a 4 percentage point rise in short interest over the past month, reaching 26.2%, pushing its stock into what S3 refers to as 'battleground' territory, highlighting ongoing investor scrutiny.
- Cautious Market Sentiment: Concerns about AI competitors and automation tools potentially undermining traditional software demand have intensified, prompting a reevaluation of long-term revenue potential for software licenses and workflows, thereby affecting market sentiment.
- Selective Investment Strategy: As aggregate sector positioning stabilizes, investors are increasingly focusing on specific companies like Sprinklr, Dropbox, and Workday, which have seen notable increases in short interest over the past month, reflecting a heightened awareness of perceived vulnerabilities.
See More
