Braze Inc expected to post a loss of 10 cents a share - Earnings Preview

Braze

04/06/2024 22:02

* Braze Inc  BRZE.OQ   BRZE.O  is expected to show a rise in
quarterly revenue when it reports  results on June 6 for the
period ending April 30 2024
    * The New York City-based  company is expected to report a
29.4% increase in revenue to $131.692 million from $101.78
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Braze Inc is for a loss
of 10
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Braze Inc
is
$65.00​, above​ its last closing price of $37.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  -0.04       -0.05      -0.04     Beat    16.2
 Oct. 31 2024  -0.13       -0.13      -0.05     Beat    62.2
 Jul. 31 2023  -0.14       -0.14      -0.04     Beat    70.8​
 Apr. 30 2023  -0.18       -0.18      -0.13     Beat    29.2
 ​​Jan.        -0.18       -0.19      -0.14     Beat    24.9
 31 2023                                                
 Jan. 1 0001   -0.22       -0.20      -0.15     Beat    33.1​
 Jul. 31 2022  -0.20       -0.20      -0.16     Beat    19.8
 Jan. 1 0001   -0.21       -0.21      -0.19     Beat    9.4
 This summary was machine generated June 4 at 21:02 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)