Appian Corp reports results for the quarter ended in September 30 - Earnings Summary

Appian

07/11/2024 14:32

* Appian Corp  APPN.OQ  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -20 cents.  The mean expectation of seven analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -10 cents to -7 cents per share.
    * Revenue rose 12.4% to $154.05 million from a year ago;
analysts
expected $151.89 million. 
    * Appian Corp's reported EPS for the quarter was a loss of 3
cents​.
    * The company reported a quarterly loss of $2.1 million.
    * Appian Corp shares had risen by 18.6% this quarter and
gained 7.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Appian Corp is
$32.00 
This summary was machine generated from LSEG data November 7 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.08          0.15           Beat
 Jun. 30 2024      -0.31          -0.26          Beat
 Mar. 31 2024      -0.16          -0.24          Missed
 Dec. 31 2023      -0.24          0.06           Beat