Cerence Inc. reports results for the quarter ended June 30 - Earnings Summary

Cerence

06/08/2026 23:42

Cerence Inc. CRNC.OQ reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents.  The mean expectation of five analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 13 cents to 22 cents per share.
Revenue rose 11.8% to $69.59 million from a year ago; analysts expected $70.05 million. 
Cerence Inc.'s reported EPS for the quarter was 3 cents​.
The company reported quarterly net income of $1.53 million.
Cerence Inc. shares had fallen by 18.6% this quarter and lost 13.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the software peer group is  "buy."
Wall Street's median 12-month price target for Cerence Inc. is $11.00, about 16.2% above its last closing price of $9.22
This summary was machine generated from LSEG data August 6 at 10:41 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.20
0.21
Beat
Mar. 31 2026 
0.14
0.14
Met
Dec. 31 2025 
0.32
0.18
Missed
Sep. 30 2025 
-0.26
-0.12
Beat