Nice Ltd 1Q Key Points:
- Adjusted EPS for 1Q reached $2.58, beating the estimated $2.45.
- The adjusted revenue stood at $659.3 million, surpassing the estimate of $655.1 million.
Second Quarter 2024 Projections:
- Non-GAAP total revenues are estimated to fall within the range of $657 million to $667 million.
- At the midpoint, this signifies a 14% growth from the previous year.
- The Non-GAAP fully diluted earnings per share are expected to land between $2.53 and $2.63.
- A 21% growth is expected at the midpoint for the Non-GAAP fully diluted earnings per share when compared with the previous year.
Full year 2024 Projections:
- Non-GAAP fully diluted earnings per share are expected to be in the range of $10.53 to $10.73, representing a 21% growth at the midpoint from full-year 2023.
- Non-GAAP total revenues are expected to be between $2,715 million and $2,735 million. This signifies a 15% growth at the midpoint from the previous year.
Latest Company Ratings:
- The company has received 3 buys, with no holds or sells.
A look at Nice Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the Smartkarma Smart Scores for Nice Ltd, the company seems to have a promising long-term outlook. With high scores in Growth, Resilience, and Momentum, Nice Ltd shows strength in its potential for future expansion, ability to weather economic uncertainties, and overall market performance. Although its Value and Dividend scores are not as high, the strong performance in Growth, Resilience, and Momentum factors may outweigh these concerns. Nice Ltd‘s focus on providing solutions for managing and analyzing multimedia content and transactional data positions it well in an increasingly digital world.
Nice Ltd, a company specializing in multimedia content and transactional data management solutions, demonstrates a solid foundation for long-term success. With robust scores in Growth, Resilience, and Momentum, Nice Ltd showcases its capacity for development, ability to endure market challenges, and consistent upward trend in performance. While Value and Dividend scores are more modest, the strong performance across other factors suggests a positive trajectory for Nice Ltd in the coming years. The company’s expertise in integrated, multimedia recording platforms and related services further enhances its position in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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