Asure Software Inc expected to post earnings of 1 cent a share - Earnings Preview

Asure Software

05/08/2023 03:07

* Asure Software Inc  ASUR.OQ   ASUR.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 7. 
    * The Austin Texas-based  company is expected to report  a
25.4% increase in revenue to $25.458 million from $20.3 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on May 8 2023,
for the period ended June 30, was for revenue between $25.00
million and $26.00 million.
    * ​Refinitiv's mean analyst estimate for Asure Software Inc
is for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $19​, above​ its last closing price of $13.18. ​​​

The company's guidance on May 8 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD25 million and USD3.5 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  
 Mar. 31 2023  0.17        0.17       0.25      Beat    44.2
 Dec. 31 2023  0.00        0.00       0.17      Beat    5,005.
                                                        1
 Sep. 30 2022  -0.03       -0.03      -0.01     Beat    71.4​
 Jun. 30 2022  -0.07       -0.07      -0.04     Beat    42.9
 ​​Mar.        0.06        0.06       0.11      Beat    94.1
 31 2022                                                
 Dec. 31 2021  -0.03       -0.04      0.02      Beat    154.5​
 Sep. 30 2021  -0.02       -0.02      -0.01     Beat    55
 Jun. 30 2021  -0.02       -0.02      0.00      Beat    100
 This summary was machine generated August 5 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated