SPS Commerce Analysts Slash Their Forecasts After Q3 Results
1. SPSC reported mixed Q3 results; earnings beat estimates yet sales missed. 2. Fourth-quarter guidance is below market estimates for EPS and sales. 3. Analysts have downgraded price targets, reflecting cautious market sentiment. 4. CEO emphasizes ongoing retail demand despite economic uncertainties. 5. Shares of SPSC fell 1.2% post-earnings announcement.