Asana Inc expected to post a loss of 10 cents a share - Earnings Preview

Asana

08/03/2024 20:24

* Asana Inc  ASAN.N   ASAN.K  is expected to show a rise in
quarterly revenue when it reports  results on March 11 for the
period ending January 31 2024
    * The San Francisco California-based  company is expected to
report a 11.6% increase in revenue to $167.676 million from
$150.23 million a year ago, according to the mean estimate from
13 analysts, based on LSEG data.The company's guidance on
December 5 2023, for the period ended January 31, was for
revenue between $167.00 million and $168.00 million.
    * ​LSEG's mean analyst estimate for Asana Inc is for a loss
of 10
cents per share. The company's EPS guidance on December 5 2023,
for the period ended January 31, was between $-23.00 and
$-21.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 4 "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 Asana Inc
is
$20.00​, above​ its last closing price of $18.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  -0.11       -0.11      -0.04     Beat    62.6
 Jul. 31 2023  -0.12       -0.11      -0.04     Beat    65.2
 Apr. 30 2023  -0.18       -0.18      -0.09     Beat    49.2​
 Jan. 31 2023  -0.27       -0.27      -0.15     Beat    45
 ​​Oct.        -0.32       -0.32      -0.26     Beat    18.8
 31 2022                                                
 Jul. 31 2022  -0.39       -0.39      -0.34     Beat    11.9​
 Apr. 30 2022  -0.35       -0.36      -0.30     Beat    15.8
 Jan. 31 2022  -0.28       -0.28      -0.25     Beat    10.6
 This summary was machine generated March 8 at 20:24 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)