Bentley Systems (BSY)
(Delayed Data from NSDQ)
$49.56 USD
+0.51 (1.04%)
Updated Nov 5, 2024 04:00 PM ET
After-Market: $49.56 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
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$49.56 USD
+0.51 (1.04%)
Updated Nov 5, 2024 04:00 PM ET
After-Market: $49.56 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
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While the top- and bottom-line numbers for Bentley Systems, Incorporated (BSY) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Bentley Systems, Incorporated (BSY) delivered earnings and revenue surprises of 5.26% and 0.98%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
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Although the revenue and EPS for Bentley Systems, Incorporated (BSY) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Bentley Systems, Incorporated (BSY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
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Bentley Systems, Incorporated (BSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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