Asana Inc expected to post a loss of 8 cents a share - Earnings Preview

Asana

28/05/2024 21:25

* Asana Inc  ASAN.N   ASAN.K  is expected to show a rise in
quarterly revenue when it reports  results on May 30 for the
period ending April 30 2024
    * The San Francisco California-based  company is expected to
report a 10.7% increase in revenue to $168.73 million from
$152.41 million a year ago, according to the mean estimate from
14 analysts, based on LSEG data.The company's guidance on March
11 2024, for the period ended April 30, was for revenue between
$168.00 million and $169.00 million.
    * ​LSEG's mean analyst estimate for Asana Inc is for a loss
of 8
cents per share. The company's EPS guidance on March 11 2024,
for the period ended April 30, was between $-0.09 and $-0.08 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and 5 "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 $14.45. ​​​

The company's guidance on March 11 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD-23 million and USD-21 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  
 Jan. 31 2024  -0.10       -0.10      -0.04     Beat    58.5
 Oct. 31 2024  -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       -0.27      -0.09     Beat    49.2
 ​​Jan.        -0.27       -0.27      -0.15     Beat    45
 31 2023                                                
 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. 30 2022  -0.35       -0.36      -0.30     Beat    15.8
 This summary was machine generated May 28 at 20:25 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)