Braze Inc reports results for the quarter ended in April - Earnings Summary

Braze

08/06/2023 23:39

* Braze Inc  BRZE.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in April. The mean
expectation of seventeen analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue rose 31.3% to $101.78 million from a year ago;
analysts
expected $99.01 million. 
    * Braze Inc's reported EPS for the quarter was a loss of 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Braze Inc shares had fallen by 1.6% this quarter and
gained 24.6% so far this year.
    * The company reported a quarterly loss of $38.45 million.
    * Wall Street's median 12-month price target for Braze Inc
is
$40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 10:38 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.18          -0.13          Beat
 Jan. 31 2023      -0.19          -0.14          Beat
 Oct. 31 2022      -0.22          -0.15          Beat
 Jul. 31 2022      -0.20          -0.16          Beat