Appian Corp expected to post a loss of 31 cents a share - Earnings Preview

Appian

30/07/2024 19:36

* Appian Corp  APPN.OQ   APPN.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Mclean Virginia-based  company is expected to report a
11.9% increase in revenue to $142.954 million from $127.72
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$140.00 million and $144.00 million.
    * ​LSEG's mean analyst estimate for Appian Corp is for a
loss
of 31 cents per share. The company's EPS guidance on May 2 2024,
for the period ended June 30, was between $-0.34 and $-0.28 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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
$41.00​, above​ its last closing price of $37.80. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 140 million and -13 million (USD).The
company's guidance on May 2 2024 for the period ended June 30
was for Capital Expenditures between USD1 million and 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  
 Jan. 1 0001   -0.14       -0.16      -0.24     Missed  -50.5
 Jan. 1 0001   -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.        -0.29       -0.29      -0.27     Beat    8.4
 31 2023                                                
 Dec. 31 2022  -0.41       -0.40      -0.28     Beat    30.8​
 Sep. 30 2022  -0.23       -0.23      -0.43     Missed  -89.4
 Jan. 1 0001   -0.35       -0.35      -0.46     Missed  -32.6
 This summary was machine generated July 30 at 18:35 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)