Appian Corp expected to post a loss of 24 cents a share - Earnings Preview

Appian

13/02/2024 14:41

* Appian Corp  APPN.OQ   APPN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Mclean Virginia-based  company is expected to report a
12.0% increase in revenue to $140.916 million from $125.79
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $138.00 million and $143.00 million.
    * ​LSEG's mean analyst estimate for Appian Corp is for a
loss
of 24 cents per share. The company's EPS guidance on November 2
2023, for the period ended December 31, was between $-0.29 and
$-0.24 
    * 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
$45.00​, above​ its last closing price of $33.81. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 138 million and -12.1
million (USD).The company's guidance on November 2 2023 for the
period ended December 31 was for Capital Expenditures of USD2
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  
 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. 31 2022  -0.41       -0.40      -0.28     Beat    30.8
 ​​Sep.        -0.23       -0.23      -0.43     Missed  -89.4
 30 2022                                                
 Jun. 30 2022  -0.35       -0.35      -0.46     Missed  -32.6​
 Mar. 31 2022  -0.13       -0.13      -0.06     Beat    53.9
 Dec. 31 2021  -0.23       -0.23      -0.16     Beat    29.5
 This summary was machine generated February 13 at 14:41 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)