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Appian Corp reports results for the quarter ended March 31 - Earnings Summary

Appian Corp APPN.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -24 cents.  The mean expectation of eight analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.

Revenue rose 11.1% to $166.43 million from a year ago; analysts expected $163.35 million.

Appian Corp's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $1.18 million.

Appian Corp shares had risen by 5.6% this quarter and lost 7.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 885.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "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 $35.50

This summary was machine generated from LSEG data May 8 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.030.13Beat
Dec. 31 2024-0.010.00Beat
Sep. 30 2024-0.080.15Beat
Jun. 30 2024-0.31-0.26Beat

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