Infrastructure design software provider Bentley Systems (NASDAQ:BSY) will be reporting earnings tomorrow before market hours. Here’s what to look for.

Bentley met analysts’ revenue expectations last quarter, reporting revenues of $349.8 million, up 12.6% year on year. It was a disappointing quarter for the company, with full-year revenue guidance slightly missing analysts’ expectations and a significant miss of analysts’ EBITDA estimates.

Is Bentley a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Bentley’s revenue to grow 8.2% year on year to $365.4 million, in line with the 7.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.30 per share.Bentley Total Revenue

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. Bentley has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Bentley’s peers in the software-as-a-service segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Manhattan Associates delivered year-on-year revenue growth of 3.2%, beating analysts’ expectations by 2.3%, and Pegasystems reported revenues up 44.1%, topping estimates by 33.1%. Manhattan Associates traded up 5.8% following the results while Pegasystems was also up 28.8%.

Read our full analysis of Manhattan Associates’s results here and Pegasystems’s results here.

There has been positive sentiment among investors in the software-as-a-service segment, with share prices up 13.8% on average over the last month. Bentley is up 15.5% during the same time and is heading into earnings with an average analyst price target of $50.26 (compared to the current share price of $45.19).

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