Alkami Technology Inc expected to post earnings of 3 cents a share - Earnings Preview

Alkami Technology

30/07/2024 02:11

* Alkami Technology Inc  ALKT.OQ   ALKT.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
for the period ending January 1 0001
    * The Plano Texas-based  company is expected to report a
23.8% increase in revenue to $81.407 million from $65.76 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.The company's guidance on May 1 2024, for the
period ended June 30, was for revenue between $80.50 million and
$82.00 million.
    * ​LSEG's mean analyst estimate for Alkami Technology Inc is
for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alkami
Technology
Inc is $31.00​, below​ its last closing price of $32.84. ​​​

The company's guidance on May 1 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD80.5 million and USD3.8 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.03        0.02       0.05      Beat    80.7
 Jan. 1 0001   0.02        0.02       0.02      Met     -11.5
 Jan. 1 0001   -0.02       -0.02      -0.03     Missed  119.7​
 Jun. 30 2023  -0.05       -0.05      -0.03     Beat    44.8
 ​​Mar.        -0.06       -0.06      -0.03     Beat    50.7
 31 2023                                                
 Dec. 31 2022  -0.07       -0.07      -0.05     Beat    23.7​
 Sep. 30 2022  -0.07       -0.07      -0.06     Beat    17.3
 Jun. 30 2022  -0.08       -0.08      -0.07     Beat    16.3
 This summary was machine generated July 30 at 01:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)