Asure Software Inc (ASUR) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.21 per share a year ago.
ASUR remains a buy with a 7.5% return despite market losses, but faces risks from political policies, currency fluctuations, and airline capacity issues. Mexican airports face political pressures, but potential benefits from exchange rates; Tulum Airport impacts Cancun traffic, with recovery expected by 2026. ASUR's revenue grew 21.3% in 2024, driven by higher aeronautical fees and retail revenues, despite modest passenger growth and increased operating costs.
Asure Software, Inc. (NASDAQ:ASUR ) Q4 2024 Earnings Conference Call March 6, 2025 4:30 PM ET Company Participants Pat Goepel - Chairman and CEO John Pence - Chief Financial Officer Patrick McKillop - Vice President, Investment Relations Eyal Goldstein - President and CRO Conference Call Participants Joshua Reilly - Needham & Company Brian Bergen - TD Cowen Eric Martinuzzi - Lake Street Daniel Hibshman - Craig Hallum Capital Group Richard Baldry - ROTH Capital Partners Charles Nabhan - Stephens Greg Gibas - Northland Securities Vincent Colicchio - Barrington Research Operator Good afternoon. And welcome to Asure's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Asure Software Inc (ASUR) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.07 per share a year ago.
The Zacks Internet - Delivery Services industry participants like GDDY, MMYT, QNST and ASUR are poised to benefit from increasing smartphone and internet penetration.
Asure Software, Granite Ridge Resources, and Priority Technology Holdings have been selected as the breakout stocks for today.
Asure Software (ASUR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Northland raised the firm's price target on Asure Software (ASUR) to $14 from $12.50 and keeps an Outperform rating on the shares following Paychex's (PAYX) announcement of a deal to acquire Paycor HCM (PYCR) for $22.50 per share. The $4.1B enterprise value paid in that deal "captures a meaningful valuation disparity" relative to Asure, despite its somewhat similar metrics, the analyst tells investors. Asure Software +1.4 (+14.00%) Paychex +3.2 (+2.35%) Paycor HCM -0.725 (-3.17%)
The company's organic growth is expected to surpass double-digits next year, a substantial improvement over the 4.4% achieved in Q3. Margins are heading significantly higher as the incremental revenue comes with minimal additional costs. Although competition in the sector remains intense, management has launched several new products designed to differentiate Asure and improve customer retention.
Asure Software, Inc. (NASDAQ:ASUR ) Q3 2024 Earnings Conference Call October 31, 2024 4:00 PM ET Company Participants Patrick McKillop - Vice President of Investor Relations Pat Goepel - Chairman and Chief Executive Officer John Pence - Chief Financial Officer Eyal Goldstein - President and Chief Revenue Officer Conference Call Participants Joshua Reilly - Needham & Company Jared Levine - TD Cowen Eric Martinuzzi - Lake Street Capital Jeff Van Rhee - Craig Hallum Capital Group Brad Reback - Stifel Greg Gibas - Northland Securities Charles Nabhan - Stephens Vincent Colicchio - Barrington Research Operator Good afternoon and welcome to Asure's Third Quarter 2024 Earnings Conference Call. Joining us for today's call are Chairman and CEO, Pat Goepel; Chief Financial Officer, John Pence; and Vice President of Investor Relations, Patrick McKillop.
Asure Software Inc (ASUR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.13 per share a year ago.
The Zacks Internet - Delivery Services industry participants like GDDY, MMYT, QNST and ASUR are poised to benefit from surging smartphone and Internet penetration in emerging markets.