EverCommerce Inc reports results for the quarter ended March 31 - Earnings Summary

• EverCommerce Inc EVCM.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of ten analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 11 cents to 17 cents per share.

• Revenue fell 16.4% to $142.27 million from a year ago; analysts expected $139.57 million.

• EverCommerce Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $7.71 million.

• EverCommerce Inc shares had risen by 0.4% this quarter and lost 8.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.6% 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 7 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for EverCommerce Inc is $12.00

This summary was machine generated from LSEG data May 8 at 09:47 p.m. UTC. ​All figures in US dollars 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)