Appian Corp expected to post a loss of 43 cents a share - Earnings Preview

Appian

02/08/2023 03:07

* Appian Corp  APPN.OQ   APPN.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 3. 
    * The Mclean Virginia-based  company is expected to report 
a
12.9% increase in revenue to $124.293 million from $110.06
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$123.00 million and $125.00 million.
    * ​Refinitiv's mean analyst estimate for Appian Corp is for
a loss
of 43 cents per share. The company's EPS guidance on May 9 2023,
for the period ended June 30, was between $-0.46 and $-0.40 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"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
$49.5​, below​ its last closing price of $51.42. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 123 million and -26 million (USD).The
company's guidance on May 9 2023 for the period ended June 30
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  
 Mar. 31 2023  -0.29       -0.29      -0.27     Beat    8.4
 Dec. 31 2023  -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.        -0.13       -0.13      -0.06     Beat    53.9
 31 2022                                                
 Dec. 31 2021  -0.23       -0.23      -0.16     Beat    29.5​
 Sep. 30 2021  -0.19       -0.19      -0.22     Missed  -16.5
 Jun. 30 2021  -0.23       -0.23      -0.24     Missed  -4.4
 This summary was machine generated August 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated