S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Magic Software Enterprises (MGIC) Earnings Date, Estimates & Call Transcripts

$11.83
+0.09 (+0.77%)
(As of 04/15/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 16Estimated
Actual EPS
(Mar. 13)
$0.24 Beat By $0.04
Consensus EPS
(Mar. 13)
$0.20
Skip Charts & View Estimated and Actual Earnings Data

MGIC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGIC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magic Software Enterprises Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.21$0.21$0.21 
Q2 20241$0.22$0.22$0.22 
Q3 20241$0.20$0.20$0.20 
Q4 20241$0.26$0.26$0.26 
FY 20244$0.89$0.89$0.89 
Q1 20251$0.23$0.23$0.23 
Q2 20251$0.23$0.23$0.23 
Q3 20251$0.24$0.24$0.24 
Q4 20251$0.25$0.25$0.25 
FY 20254$0.95$0.95 $0.95

MGIC Earnings Date and Information

Magic Software Enterprises last released its quarterly earnings results on March 13th, 2024. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.04. The firm had revenue of $125.55 million for the quarter, compared to the consensus estimate of $115 million. Magic Software Enterprises has generated $0.75 earnings per share over the last year ($0.75 diluted earnings per share) and currently has a price-to-earnings ratio of 15.8. Earnings for Magic Software Enterprises are expected to grow by 4.30% in the coming year, from $0.93 to $0.97 per share. Magic Software Enterprises has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, May 16th, 2024 based off prior year's report dates.

Magic Software Enterprises Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/16/2024
Estimated)
------- 
3/13/2024Q4 2023$0.20$0.24+$0.04$0.31$115.00 million$125.55 million
11/14/2023Q3 2023$0.26$0.21($0.05)$0.27$129.30 million$129.48 million
8/14/2023Q2 2023$0.26$0.28+$0.02$0.33$142.30 million$137.58 million    
5/18/2023Q1 2023$0.28$0.26($0.02)$0.32$143.40 million$142.44 million
3/9/2023Q4 2022$0.26$0.28+$0.02$0.36$143.00 million$147.15 million
11/14/2022Q3 2022$0.27$0.28+$0.01$0.33$131.70 million$143.96 million
8/11/2022Q2 2022$0.27$0.24($0.03)$0.32$131.70 million$136.98 million
5/12/2022Q1 2022$0.24$0.26+$0.02$0.32$128.80 million$138.71 million    
3/2/2022Q4 2021$0.26$0.26-$0.47$125.50 million$133.00 million  
11/15/2021Q3 2021$0.21$0.24+$0.03$0.33$113.00 million$120.87 million    
8/12/2021Q2 2021$0.21$0.23+$0.02$0.30$107.15 million$119.16 million    
5/10/2021Q1 2021$0.20$0.21+$0.01$0.27$102.20 million$107.30 million  

Magic Software Enterprises Earnings - Frequently Asked Questions

When is Magic Software Enterprises's earnings date?

Magic Software Enterprises has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, May 16th, 2024 based off last year's report dates. Learn more on MGIC's earnings history.

Did Magic Software Enterprises beat their earnings estimates last quarter?

In the previous quarter, Magic Software Enterprises (NASDAQ:MGIC) reported $0.24 earnings per share (EPS) to beat the analysts' consensus estimate of $0.20 by $0.04. Learn more on analysts' earnings estimate vs. MGIC's actual earnings.

How much revenue does Magic Software Enterprises generate each year?

Magic Software Enterprises (NASDAQ:MGIC) has a recorded annual revenue of $535.05 million.

How much profit does Magic Software Enterprises generate each year?

Magic Software Enterprises (NASDAQ:MGIC) has a recorded net income of $37.09 million. MGIC has generated $0.75 earnings per share over the last four quarters.

What is Magic Software Enterprises's price-to-earnings ratio?

Magic Software Enterprises (NASDAQ:MGIC) has a trailing price-to-earnings ratio of 15.77 and a forward price-to-earnings ratio of 12.72.

What is Magic Software Enterprises's EPS forecast for next year?

Magic Software Enterprises's earnings are expected to grow from $0.93 per share to $0.97 per share in the next year, which is a 4.30% increase.


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This page (NASDAQ:MGIC) was last updated on 4/16/2024 by MarketBeat.com Staff

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