Commvault Systems Inc reports results for the quarter ended December 31 - Earnings Summary

Commvault Systems

28/01/2025 14:32

* Commvault Systems Inc  CVLT.OQ  reported quarterly
adjusted
earnings of 94 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 78 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 87 cents per share. Wall
Street expected results to range from 85 cents to 89 cents per
share.
    * Revenue rose 21.1% to $262.63 million from a year ago;
analysts
expected $245.61 million. 
    * Commvault Systems Inc's reported EPS for the quarter was
24
cents​.
    * The company reported quarterly net income of $11.02
million.
    * Commvault Systems Inc shares had risen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Commvault Systems
Inc is $181.00 
This summary was machine generated from LSEG data January 28 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.87           0.94           Beat
 Sep. 30 2024      0.76           0.83           Beat
 Jun. 30 2024      0.73           0.85           Beat
 Mar. 31 2024      0.73           0.79           Beat