Cognyte Software Ltd expected to post a loss of 22 cents a share - Earnings Preview

COGNYTE SOFTWARE

08/09/2023 13:44

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
fall in quarterly revenue when it reports  results on September
12. 
    * The Herzliya Israel-based   company is expected to report 
a
6.3% decrease in revenue to $76.223 million from $81.35 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cognyte Software
Ltd is
for a loss of 22 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $4.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2023  -0.22       -0.22      -0.23     Missed  -5
 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
 ​​Apr.        0.10        0.10       -0.79     Missed  -860.9
 30 2022                                                
 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. 31 2021  0.16        0.16       0.17      Beat    9.6
 This summary was machine generated September 8 at 12:44 GMT. 
All figures in US dollars  unless otherwise stated