Cognyte Software Ltd expected to post earnings of 1 cent a share - Earnings Preview

COGNYTE SOFTWARE

11/12/2023 13:40

* Cognyte Software Ltd  CGNT.OQ   CGNT.O  is expected
to show a
rise in quarterly revenue when it reports  results on December
13 for the period ending July 31 2023
    * The Herzliya Israel-based   company is expected to report
a
8.9% increase in revenue to $77.631 million from $71.25 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
earnings of 1 cent 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 $7.25​, above​ its last closing price of $5.65. ​​​

This summary was machine generated December 11 at 13:39 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)