Cognyte Software Ltd expected to post a loss of 6 cents a share - Earnings Preview

COGNYTE SOFTWARE

11/06/2024 14:01

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on June 13
(estimated) for the period ending April 30 2024
    * The Herzliya Israel-based   company is expected to report
a
11.8% increase in revenue to $82.046 million from $73.38 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 6 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 $8.00​, above​ its last closing price of $7.93. ​​​

This summary was machine generated June 11 at 13:01 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)