PowerSchool Holdings, Inc. PWSC reported in-line earnings for its second quarter.
PowerSchool posted quarterly earnings of 23 cents per share, in-line with market expectations. The company’s sales came in at $173.90 million, topping estimates of $171.28 million.
PowerSchool said it sees third-quarter revenue of $178 million to $181 million, versus estimates of $180.73 million.
PowerSchool shares fell 1.8% to $22.28 in pre-market trading.
These analysts made changes to their price targets on PowerSchool following earnings announcement.
- Raymond James raised the price target on PowerSchool from $23 to $25. Raymond James analyst Brian Peterson maintained an Outperform rating.
- Credit Suisse increased the price target on PowerSchool from $27 to $29. Credit Suisse analyst Rich Hilliker maintained an Outperform rating.
- Barclays boosted PowerSchool price target from $24 to $26. Barclays analyst Saket Kalia maintained the stock with an Overweight.
- Needham analyst Ryan MacDonald, meanwhile, reiterated PowerSchool Holdings with a Buy and maintained a $26 price target.
- Piper Sandler analyst Arvind Ramnani reiterated PowerSchool with an Overweight and maintained a $27 price target.
Check This Out: Tyson Foods, Henry Schein And 3 Stocks To Watch Heading Into Monday
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.