Appian Corp expected to post a loss of 16 cents a share - Earnings Preview

Appian

30/04/2024 14:53

* Appian Corp  APPN.OQ   APPN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Mclean Virginia-based  company is expected to report a
10.7% increase in revenue to $149.764 million from $135.24
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on February
15 2024, for the period ended March 31, was for revenue between
$148.00 million and $150.00 million.
    * ​LSEG's mean analyst estimate for Appian Corp is for a
loss
of 16 cents per share. The company's EPS guidance on February 15
2024, for the period ended March 31, was between $-0.21 and
$-0.16 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "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 Appian Corp
is
$48.50​, above​ its last closing price of $38.37. ​​​

The company's guidance on February 15 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 148 million and -5 million (USD).The
company's guidance on February 15 2024 for the period ended
March 31 was for Capital Expenditures between USD2 million and
USD3 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  
 Dec. 31 2023  -0.24       -0.24      0.06      Beat    124.9
 Sep. 30 2023  -0.25       -0.25      -0.20     Beat    19.4
 Jun. 30 2023  -0.43       -0.43      -0.39     Beat    8.3​
 Mar. 31 2023  -0.29       -0.29      -0.27     Beat    8.4
 ​​Dec.        -0.41       -0.40      -0.28     Beat    30.8
 31 2022                                                
 Sep. 30 2022  -0.23       -0.23      -0.43     Missed  -89.4​
 Jun. 30 2022  -0.35       -0.35      -0.46     Missed  -32.6
 Mar. 31 2022  -0.13       -0.13      -0.06     Beat    53.9
 This summary was machine generated April 30 at 13:52 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)