Asure Software Inc expected to post earnings of 13 cents a share - Earnings Preview

Asure Software

30/07/2024 21:57

* Asure Software Inc  ASUR.OQ   ASUR.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 1 for
the period ending June 30 2024
    * The Austin Texas-based  company is expected to report a
6.1% decrease in revenue to $28.579 million from $30.42 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $28.00 million and
$29.00 million.
    * ​LSEG's mean analyst estimate for Asure Software Inc is
for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 $15.50​, above​ its last closing price of $10.26. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD28 million and USD5 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  
 Mar. 31 2024  0.21        0.20       0.22      Beat    8.4
 Dec. 31 2024  0.06        0.05       0.07      Beat    33.1
 Sep. 30 2023  0.06        0.06       0.19      Beat    241.1​
 Jun. 30 2023  0.01        0.01       0.11      Beat    1,963.
                                                        8
 ​​Jan.        0.17        0.17       0.25      Beat    44.2
 1 0001                                                 
 Dec. 31 2022  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
 This summary was machine generated July 30 at 20:57 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)