Asana Inc expected to post a loss of 11 cents a share - Earnings Preview

Asana

01/09/2023 21:26

* Asana Inc  ASAN.N   ASAN.K  is expected to show a rise in
quarterly revenue when it reports  results on September 5. 
    * The San Francisco California-based  company is expected to
report  a 17.1% increase in revenue to $157.915 million from
$134.9 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. The company's guidance on
June 1 2023, for the period ended July 31, was for revenue
between $157.50 million and $158.50 million.
    * ​Refinitiv's mean analyst estimate for Asana Inc is for a
loss
of 11 cents per share. The company's EPS guidance on June 1
2023, for the period ended July 31, was between $-0.12 and
$-0.11 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and 2 "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
$24​, above​ its last closing price of $21.49. ​​​

The company's guidance on June 1 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD-26
million and USD-24 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  
 Apr. 30 2023  -0.18       -0.18      -0.09     Beat    49.2
 Jan. 31 2023  -0.27       -0.27      -0.15     Beat    45
 Oct. 31 2022  -0.32       -0.32      -0.26     Beat    18.8​
 Jul. 31 2022  -0.39       -0.39      -0.34     Beat    11.9
 ​​Apr.        -0.35       -0.36      -0.30     Beat    15.8
 30 2022                                                
 Jan. 31 2022  -0.28       -0.28      -0.25     Beat    10.6​
 Oct. 31 2021  -0.26       -0.27      -0.23     Beat    13.3
 Jul. 31 2021  -0.26       -0.26      -0.23     Beat    12.3
 This summary was machine generated September 1 at 20:26 GMT. 
All figures in US dollars  unless otherwise stated