Avidxchange Holdings Inc expected to post a loss of 13  cents a share - Earnings Preview

AvidXchange Holdings

02/08/2022 03:05

* Avidxchange Holdings Inc  AVDX.OQ   AVDX.O  is expected
to report results on August 3.
    * The Charlotte North Carolina-based  company is expected to
report revenue of $72.443 million, according to the mean
estimate from 10 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Avidxchange
Holdings Inc
is for a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"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 Avidxchange
Holdings Inc is $10.5​, above​ its last closing price of $7.07.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.17       -0.17      -0.07     Beat    59.1
 Dec. 31 2022  -0.18       -0.19      -0.10     Beat    46.2
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 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated