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Top Wall Street Forecasters Revamp Endava Expectations Ahead Of Q3 Earnings

1. Endava to release Q3 earnings on May 14, 2025. 2. Expected earnings: 31 cents per share, up from 22 cents last year. 3. Projected revenue: $197.84 million, an increase from $174.37 million. 4. Recent analyst ratings show mixed perspectives on price targets. 5. DAVA shares closed at $21.41, down 0.4% on Tuesday.

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FAQ

Why Bullish?

Positive earnings expectations and revenue growth could boost investor confidence, similar to past earnings reports where results exceeded expectations, reflecting potential for upward momentum.

How important is it?

The projected earnings increase indicates operational strength, potentially attracting more investment, influencing price movement in the near term.

Why Short Term?

The earnings report is imminent, likely causing immediate market reactions as investors adjust positions based on results.

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