Earnings

Market Anticipates Magic Software Enterprises's Earnings Report

Published November 14, 2023

As the financial community looks toward the earnings report of Magic Software Enterprises, headquartered in Or Yehuda, Israel, expectations are set for the company to announce its earnings per share (EPS). Industry analysts are projecting that the figure will come in at $0.255. These anticipations are particularly noteworthy as the company, recognized by the stock ticker MGIC, is slated to reveal its financial performance for the latest concluded quarter on the 14th of November.

Analysts' Projections for MGIC

A consensus of 2 analysts is pointing towards an EPS of $0.255, which if met, will mark a comparison with the company’s earnings of $0.280 per share reported in the corresponding quarter of the previous year. Operating internationally and offering a diverse array of products and services—including proprietary application development, business process integration, vertical software solutions, and IT outsourcing—Magic Software Enterprises remains a significant entity in the tech and software services sector.

About Magic Software Enterprises

Magic Software Enterprises Ltd., operating under stock ticker MGIC, is an internationally recognized company that provides a wide range of software services. With a strong presence in both the Israeli and global markets, the company's offerings span from application development and business process integration to vertical software solutions and IT outsourcing services. The upcoming earnings report thus carries not just financial but strategic importance for investors and stakeholders keen to understand the company's current market position and future outlook.

MagicSoftware, Earnings, EPS