Cognyte Software Ltd expected to post a loss of 27 cents a share - Earnings Preview

COGNYTE SOFTWARE

05/04/2024 13:41

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 9
for the period ending January 31 2024
    * The Herzliya Israel-based   company is expected to report
a
8.9% increase in revenue to $80.108 million from $73.57 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Cognyte Software Ltd is
for a
loss of 27 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 $7.50​, below​ its last closing price of $8.20. ​​​

This summary was machine generated April 5 at 12:41 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)