Appian Corp expected to post a loss of 29 cents a share - Earnings Preview

Appian

06/05/2023 03:12

* Appian Corp  APPN.OQ   APPN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Mclean Virginia-based  company is expected to report 
a
15.0% increase in revenue to $131.415 million from $114.27
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
February 16 2023, for the period ended March 31, was for revenue
between $130.00 million and $132.00 million.
    * ​Refinitiv's mean analyst estimate for Appian Corp is for
a loss
of 29 cents per share. The company's EPS guidance on February 16
2023, for the period ended March 31, was between $-0.33 and
$-0.27 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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
$45.1​, above​ its last closing price of $33.96. ​​​

The company's guidance on February 16 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 130 million and -17 million
(USD).The company's guidance on February 16 2023 for the period
ended March 31 was for Capital Expenditures between USD3 million
and USD4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.41       -0.40      -0.28     Beat    30.8
 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
 ​​Dec.        -0.23       -0.23      -0.16     Beat    29.5
 31 2021                                                
 Sep. 30 2021  -0.19       -0.19      -0.22     Missed  -16.5​
 Jun. 30 2021  -0.23       -0.23      -0.24     Missed  -4.4
 Mar. 31 2021  -0.14       -0.14      -0.06     Beat    56
 This summary was machine generated May 6 at 02:12 GMT.  All
figures in US dollars  unless otherwise stated