-- (Updates with the stock movement in the headline and first paragraph.)
Manhattan Associates (MANH) shares rose 5.7% in Wednesday trading, a day after the company reported better-than-expected Q1 results.
Adjusted earnings in the three months ended March 31 rose to $1.24 per diluted share from $1.19 a year earlier.
Analysts polled by FactSet expected $1.11.
Revenue climbed to $282.2 million from $262.8 million a year earlier.
Analysts surveyed by FactSet expected $273.7 million.
The company expects 2026 adjusted EPS of $5.29 to $5.37 on revenue of $1.15 billion to $1.16 billion. The previous forecast was for EPS of $5.04 to $5.20 on revenue of $1.13 billion to $1.15 billion.
Analysts project EPS of $5.22 on revenue of $1.15 billion.
Price: $142.52, Change: $+7.63, Percent Change: +5.65%