JDA Software Group (JDAS) announced its quarterly results on Thursday. The company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.14. The company’s quarterly revenue was up 8.3% on a year-over-year basis.
On a related note, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of JDA Software Group in a research note to investors on Tuesday, October 11st.
Shares of JDA Software Group (JDAS) traded up 5.13% during mid-day trading on Thursday, hitting $28.49. JDA Software Group (JDAS) has a 52 week low of $22.09 and a 52 week high of $35.02. The stock’s 50-day moving average is $25.3 and its 200-day moving average is $28.5. The company has a market cap of $1.212 billion and a price-to-earnings ratio of 16.62.
JDA Software Group, Inc. is a provider of enterprise software solutions designed to enable planning, optimization and execution of merchandising and supply chain processes for manufacturers, wholesalers and distributors, and retailers, as well as government and aerospace defense contractors. In addition, the Company provides pricing, yield management and demand management software solutions for travel, transportation, hospitality and media organizations. Its solutions enable customers to plan, manage and optimize the coordination of supply, demand and flows of inventory throughout the supply chain to the consumer. The Company organizes and manages its operations by type of customer across three business segments: Retail, Manufacturing and Distribution, and Services Industries. On January 28, 2010, the Company acquired i2 Technologies, Inc. (i2). In July 2009, the Company purchased 49.1% interest in Strategix Enterprise Technology GMBH and Strategix Enterprise Technology sp.z.o.o.
Source:http://localizedusa.com/2011/10/27/jda-software-group-jdas-posts-quarterly-earnings-beats-estimates-by-0-14-eps/

