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

Commvault Systems

31/01/2023 14:31

* Commvault Systems Inc  CVLT.OQ  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 65 cents per share.
    * Revenue fell 3.6% to $195.07 million from a year ago;
analysts
expected $197.41 million. 
    * Commvault Systems Inc's reported EPS for the quarter was a
loss
of 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 9.7%
in the last three months.​ 
    * In the last 30 days five analysts negatively revised
earnings
estimates 
    * Commvault Systems Inc shares had fallen by 0.3% this
quarter.
    * The company reported a quarterly loss of $310 thousand.
    * Wall Street's median 12-month price target for Commvault
Systems
Inc is $66.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
31 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.65           0.62           Missed
 Sep. 30 2022      0.50           0.57           Beat
 Jun. 30 2022      0.63           0.64           Beat
 Mar. 31 2022      0.64           0.75           Beat