Braze Inc expected to post a loss of 3 cents a share - Earnings Preview

Braze

03/09/2024 21:04

* Braze Inc  BRZE.OQ   BRZE.O  is expected to show a rise in
quarterly revenue when it reports  results on September 5 for
the period ending July 31 2024
    * The New York City-based  company is expected to report a
22.7% increase in revenue to $141.285 million from $115.11
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 3
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Braze Inc
is
$61.00​, above​ its last closing price of $44.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  -0.10       -0.10      -0.05     Beat    50.8
 Jan. 31 2024  -0.04       -0.05      -0.04     Beat    16.2
 Oct. 31 2023  -0.13       -0.13      -0.05     Beat    62.2​
 Jul. 31 2023  -0.14       -0.14      -0.04     Beat    70.8
 ​​Apr.        -0.18       -0.18      -0.13     Beat    29.2
 30 2023                                                
 Jan. 31 2023  -0.18       -0.19      -0.14     Beat    24.9​
 Oct. 31 2022  -0.22       -0.22      -0.15     Beat    33.1
 Jul. 31 2022  -0.20       -0.20      -0.16     Beat    19.8
 This summary was machine generated September 3 at 20:04 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)