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

Asana

01/12/2023 21:22

* Asana Inc  ASAN.N   ASAN.K  is expected to show a rise in
quarterly revenue when it reports  results on December 5 for the
period ending July 31 2023
    * The San Francisco California-based  company is expected to
report a 16.0% increase in revenue to $164.139 million from
$141.44 million a year ago, according to the mean estimate from
12 analysts, based on LSEG data.The company's guidance on
September 5 2023, for the period ended October 31, was for
revenue between $163.50 million and $164.50 million.
    * ​LSEG's mean analyst estimate for Asana Inc is for a loss
of 11
cents per share. The company's EPS guidance on September 5 2023,
for the period ended October 31, was between $-0.11 and $-0.10 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and 3 "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
$21.00​, below​ its last closing price of $21.01. ​​​

The company's guidance on September 5 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD-25 million and USD-23 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  -0.32       -0.32      -0.26     Beat    18.8
 ​​Jul.        -0.39       -0.39      -0.34     Beat    11.9
 31 2022                                                
 Apr. 30 2022  -0.35       -0.36      -0.30     Beat    15.8​
 Jan. 31 2022  -0.28       -0.28      -0.25     Beat    10.6
 Oct. 31 2021  -0.26       -0.27      -0.23     Beat    13.3
 This summary was machine generated December 1 at 21:22 GMT.  All
figures in US dollars unless otherwise stated