Asure Software Inc expected to post a loss of 4 cents a share - Earnings Preview

Asure Software

04/11/2022 23:24

* Asure Software Inc  ASUR.OQ   ASUR.O  is expected to show
a rise
in quarterly revenue when it reports  results on November 7. 
    * The Austin Texas-based  company is expected to report  a
18.2% increase in revenue to $21.262 million from $17.98 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 8
2022, for the period ended September 30, was for revenue between
$21.00 million and $21.50 million.
    * ​Refinitiv's mean analyst estimate for Asure Software Inc
is for
a loss of 4 cents per share. The company's EPS guidance on May 9
2022, for the period ended September 30, was between USD-0.05
and USD-0.02 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "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 Asure
Software
Inc is $11.25​, above​ its last closing price of $6.65. ​​​

The company's guidance on May 9 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD21 million and
USD1.75 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  
 Jun. 30 2022  -0.07       -0.07      -0.04     Beat    42.9
 Mar. 31 2022  0.06        0.06       0.11      Beat    94.1
 Dec. 31 2021  -0.03       -0.04      0.02      Beat    154.5​
 Sep. 30 2021  -0.02       -0.02      -0.01     Beat    55
 ​​Jun.        -0.02       -0.02      0.00      Beat    100
 30 2021                                                
 Mar. 31 2021  0.06        0.07       0.12      Beat    71.4​
 Dec. 31 2020              -0.01      0.00      Beat    100
 Sep. 30 2020  0.01        0.01       -0.03     Missed  -400
 This summary was machine generated November 4 at 23:24 GMT.  All
figures in US dollars  unless otherwise stated