Asure Software Inc reports results for the quarter ended in December - Earnings Summary

Asure Software

27/02/2024 03:51

* Asure Software Inc  ASUR.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 17 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 2 cents to 7
cents per share.
    * Revenue fell 10.3% to $26.26 million from a year ago;
analysts
expected $26.39 million. 
    * Asure Software Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The company reported a quarterly loss of $3.58 million.
    * Asure Software Inc shares had risen by 4.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Asure Software
Inc is $15.50 
This summary was machine generated from LSEG data February 27 at
03:50 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.05           0.07           Beat
 Sep. 30 2023      0.06           0.19           Beat
 Jun. 30 2023      0.01           0.11           Beat
 Mar. 31 2023      0.17           0.25           Beat