Cerence Inc. expected to post earnings of 20 cents a share - Earnings Preview
Cerence Inc. expected to post earnings of 20 cents a share - Earnings Preview
Cerence Inc. CRNC.OQ CRNC.O is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2026
The Burlington Massachusetts-based company is expected to report a 12.6% increase in revenue to $70.051 million from $62.24 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on May 7 2026, for the period ended June 30, was for revenue between $68.00 million and $72.00 million.
LSEG's mean analyst estimate for Cerence Inc. is for earnings of 20 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 Cerence Inc. is $11.00, about 17.1% above its last closing price of $9.39
The company's guidance on May 7 2026 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD68 million and USD12 million.The company's guidance on May 7 2026 for the period ended June 30 was for gross profit margin between USD75% and USD76%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 0.13 | 0.14 | 0.14 | Met | 3.4 |
Dec. 31 2026 | 0.41 | 0.32 | 0.18 | Missed | -43.4 |
Sep. 30 2025 | -0.24 | -0.26 | -0.12 | Beat | 52.8 |
Jun. 30 2025 | -0.15 | -0.14 | 0.12 | Beat | 184.2 |
Mar. 31 2025 | 0.30 | 0.30 | 0.57 | Beat | 88.7 |
Dec. 31 2024 | -0.26 | -0.26 | -0.03 | Beat | 88.4 |
Sep. 30 2024 | -0.37 | -0.36 | -0.07 | Beat | 80.8 |
Jun. 30 2024 | 0.05 | 0.05 | 0.19 | Beat | 315.7 |
This summary was machine generated August 4 at 22:54 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)
Recent news on Cerence
See all newsCerence Inc. reports results for the quarter ended June 30 - Earnings Summary
Cerence Q3 revenue slightly misses estimates dragged by professional services segment
Brief: Cerence Q3 Gross Margin 76%
Cerence Inc. expected to post earnings of 20 cents a share - Earnings Preview
Brief: Cerence Q2 Gross Margin 73.7%