Cognyte Software Ltd expected to post a loss of 20 cents a share - Earnings Preview

COGNYTE SOFTWARE

16/12/2022 13:48

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
fall in quarterly revenue when it reports  results on December
20. 
    * The Herzliya Israel-based   company is expected to report 
a
33.5% decrease in revenue to $78.931 million from $118.72
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cognyte Software
Ltd is
for a loss 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," 5
"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 $5.5​, above​ its last closing price of $2.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jul. 31 2022  -0.17       -0.17      -0.04     Beat    76.4
 Apr. 30 2022  0.10        0.10       -0.79     Missed  -860.9
 Jan. 31 2022  0.22        0.22       0.16      Missed  -26.2​
 Oct. 31 2021  0.10        0.10       0.21      Beat    116.5
 ​​Jul.        0.16        0.16       0.17      Beat    9.6
 31 2021                                                
 Apr. 30 2021  0.17        0.15       0.20      Beat    33.3​
 Jan. 31 2021  0.23        0.23       0.36      Beat    58.2
 This summary was machine generated December 16 at 13:48 GMT. 
All figures in US dollars  unless otherwise stated