Asure Software Inc expected to post earnings of 5 cents a share - Earnings Preview

Asure Software

23/02/2024 22:20

* Asure Software Inc  ASUR.OQ   ASUR.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 26 for
the period ending December 31 2023
    * The Austin Texas-based  company is expected to report a
9.9% decrease in revenue to $26.388 million from $29.29 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on November 13 2023,
for the period ended December 31, was for revenue between $25.00
million and $27.00 million.
    * ​LSEG's mean analyst estimate for Asure Software Inc is
for
earnings of 5 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 $9.95. ​​​

The company's guidance on November 13 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD25 million and USD3
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  
 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
 Mar. 31 2023  0.17        0.17       0.25      Beat    44.2​
 Dec. 31 2022  0.00        0.00       0.17      Beat    5,005.
                                                        1
 ​​Sep.        -0.03       -0.03      -0.01     Beat    71.4
 30 2022                                                
 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
 This summary was machine generated February 23 at 22:20 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)