Endava PLC reports results for the quarter ended June 30 - Earnings Summary

• Endava PLC DAVA reported quarterly adjusted earnings of 24 pence​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 22 pence. The mean expectation of eight analysts for the quarter was for earnings of 23 pence per share. Wall Street expected results to range from 18 pence to 26 pence per share.

• Revenue fell 3.9% to £186.78 million from a year ago; analysts expected £186.78 million.

• Endava PLC's reported EPS for the quarter was 2 pence​.

• The company reported quarterly net income of £1.17 million.

• Endava PLC shares had fallen by 6.1% this quarter and lost 53.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Endava PLC is $20.00, about 28.1% above its last closing price of $14.38

This summary was machine generated from LSEG data September 4 at 01:31 p.m. UTC. ​All figures in pounds unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)