Supply chain software provider Manhattan Associates (NASDAQ: MANH) will be reporting results this Tuesday after the bell. Here’s what to expect.

Manhattan Associates beat analysts’ revenue expectations by 3.3% last quarter, reporting revenues of $272.4 million, up 2.7% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ EBITDA estimates and full-year EPS guidance exceeding analysts’ expectations.

Is Manhattan Associates a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Manhattan Associates’s revenue to grow 1.8% year on year to $271.4 million, slowing from the 11.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.19 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Manhattan Associates has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 3.5% on average.

Looking at Manhattan Associates’s peers in the software-as-a-service segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Adobe delivered year-on-year revenue growth of 10.7%, beating analysts’ expectations by 1.4%, and Oracle reported revenues up 12.2%, falling short of estimates by 0.7%. Adobe’s stock price was unchanged after the resultswhile Oracle was up 35.9%.

Read our full analysis of Adobe’s results here and Oracle’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the software-as-a-service stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.9% on average over the last month. Manhattan Associates is down 8.8% during the same time and is heading into earnings with an average analyst price target of $228.27 (compared to the current share price of $196.85).

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