Agilysys Incupcoming earnings report with mixed expectations and recent stock decline

Hospitality software provider Agilysys will report its fiscal second-quarter results after the market closes on Monday. The company beat revenue expectations last quarter with $82.95 million, up 11.7% year on year, and issued full-year guidance for robust revenue growth. For the upcoming report, analysts expect revenue to grow 12.4% year on year, a slowdown from the 20.7% increase in the same quarter last year. Agilysys has missed Wall Street revenue estimates multiple times over the past two years, though analyst estimates have been largely reconfirmed in the last 30 days. The stock is down 5.3% over the past month, heading into earnings with an average analyst price target of $127.33 compared to the current share price of $97.12.
Agilysys Incupcoming earnings report with mixed expectations and recent stock decline
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