Asure Software Inc reports results for the quarter ended in September 30 - Earnings Summary

Asure Software

01/11/2024 03:36

* Asure Software Inc  ASUR.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 19 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 17 cents to 23 cents per
share.
    * Revenue fell 0.1% to $29.30 million from a year ago;
analysts
expected $31.29 million. 
    * Asure Software Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The company reported a quarterly loss of $3.9 million.
    * Asure Software Inc shares had risen by 6.6% this
quarter and
gained 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
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 8 "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 15.00 
This summary was machine generated from LSEG data November 1 at
03:35 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
 Sep. 30 2024      0.19           0.14           Missed
 Jun. 30 2024      0.13           0.10           Missed
 Mar. 31 2024      0.20           0.22           Beat
 Dec. 31 2023      0.05           0.07           Beat