Cognyte Software Ltd expected to post a loss of 2 cents a share - Earnings Preview

COGNYTE SOFTWARE

06/09/2024 13:34

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on September
10 for the period ending April 30 2024
    * The Herzliya Israel-based   company is expected to report
a
8.6% increase in revenue to $83.694 million from $77.05 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cognyte Software Ltd is
for a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 Cognyte
Software
Ltd is $9.00​, above​ its last closing price of $7.48. ​​​

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  -0.06       -0.06      -0.04     Beat    37
 Jan. 31 2024  -0.27       -0.27      -0.23     Beat    14.8
 Oct. 31 2023  0.01        0.01       0.34      Beat    3,300​
 Jul. 31 2023  -0.22       -0.22      -0.09     Beat    58.7
 ​​Apr.        -0.22       -0.22      -0.23     Missed  -5
 30 2023                                                
 Jan. 31 2023  -0.18       -0.18      -0.16     Beat    12.7​
 Oct. 31 2022  -0.23       -0.20      -0.25     Missed  -22.5
 Jul. 31 2022  -0.17       -0.17      -0.04     Beat    76.4
 This summary was machine generated September 6 at 12:34 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)