Brightcove Inc expected to post earnings of 3cents a share - Earnings Preview

Brightcove

01/11/2022 02:05

* Brightcove Inc  BCOV.OQ   BCOV.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 2. 
    * The Boston Massachusetts-based  company is expected to
report  a
0.7% increase in revenue to $52.503 million from $52.16 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on August 2
2022, for the period ended September 30, was for revenue between
$52.00 million and $53.00 million.
    * ​Refinitiv's mean analyst estimate for Brightcove Inc is
for
earnings of 3 cents per share. The company's EPS guidance on
August 2 2022, for the period ended September 30, was between
USD0.02 and USD0.04 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 Brightcove
Inc is
$8​, above​ its last closing price of $6.70. ​​​

The company's guidance on August 2 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD1.2 million and USD2.2 million.The company's guidance on
August 2 2022 for the period ended September 30 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD52 million and USD4.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.05        0.05       0.10      Beat    122.2
 Mar. 31 2022  0.04        0.04       0.10      Beat    185.7
 Dec. 31 2021  0.03        0.03       0.10      Beat    233.3​
 Sep. 30 2021  0.02        0.02       0.05      Beat    150
 ​​Jun.        0.03        0.03       0.11      Beat    312.4
 30 2021                                                
 Mar. 31 2021  0.10        0.10       0.15      Beat    45.2​
 Dec. 31 2020  0.05        0.06       0.14      Beat    133.3
 Sep. 30 2020  -0.02       -0.02      0.11      Beat    728.6
 This summary was machine generated November 1 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated