Asure Software Inc expected to post earnings of 17  cents a share - Earnings Preview

Asure Software

06/05/2023 24:56

* Asure Software Inc  ASUR.OQ   ASUR.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 8. 
    * The Austin Texas-based  company is expected to report  a
20.9% increase in revenue to $29.418 million from $24.33 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on February 27
2023, for the period ended March 31, was for revenue between
$29.00 million and $30.00 million.
    * ​Refinitiv's mean analyst estimate for Asure Software Inc
is for
earnings of 17 cents per share. 
    * 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 $17.5​, above​ its last closing price of $13.65. ​​​

The company's guidance on February 27 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD29 million and USD6.5 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  
 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​
 Mar. 31 2022  0.06        0.06       0.11      Beat    94.1
 ​​Dec.        -0.03       -0.04      0.02      Beat    154.5
 31 2021                                                
 Sep. 30 2021  -0.02       -0.02      -0.01     Beat    55​
 Jun. 30 2021  -0.02       -0.02      0.00      Beat    100
 Mar. 31 2021  0.06        0.07       0.12      Beat    71.4
 This summary was machine generated May 5 at 23:56 GMT.  All
figures in US dollars  unless otherwise stated