Asana Inc expected to post a loss of 18 cents a share - Earnings Preview

Asana

31/05/2023 11:08

* Asana Inc  ASAN.N   ASAN.K  is expected to show a rise in
quarterly revenue when it reports  results on June 1. 
    * The San Francisco California-based  company is expected to
report  a 24.8% increase in revenue to $150.548 million from
$120.65 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. The company's guidance on
March 8 2023, for the period ended April 30, was for revenue
between $150.00 million and $151.00 million.
    * ​Refinitiv's mean analyst estimate for Asana Inc is for a
loss
of 18 cents per share. The company's EPS guidance on March 8
2023, for the period ended April 30, was between $-0.19 and
$-0.18 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Asana Inc
is
$22​, below​ its last closing price of $22.13. ​​​

The company's guidance on March 8 2023 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD-40 million and USD-38 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  
 Jan. 31 2023  -0.27       -0.27      -0.15     Beat    45
 Oct. 31 2023  -0.32       -0.32      -0.26     Beat    18.8
 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.        -0.28       -0.28      -0.25     Beat    10.6
 31 2022                                                
 Oct. 31 2021  -0.26       -0.27      -0.23     Beat    13.3​
 Jul. 31 2021  -0.26       -0.26      -0.23     Beat    12.3
 Apr. 30 2021  -0.27       -0.27      -0.21     Beat    21.4
 This summary was machine generated May 31 at 10:06 GMT.  All
figures in US dollars  unless otherwise stated