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

Commvault Systems

02/05/2023 14:32

* Commvault Systems Inc  CVLT.OQ  reported quarterly
adjusted
earnings of 73 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 62 cents per share.
    * Revenue fell 1.2% to $203.48 million from a year ago;
analysts
expected $197.00 million. 
    * Commvault Systems Inc's reported EPS for the quarter was a
loss
of 98 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Commvault Systems Inc shares had risen by 2.8% this
quarter and
lost 7.1% so far this year.
    * The company reported a quarterly loss of $43.49 million.
    * Wall Street's median 12-month price target for Commvault
Systems
Inc is $68.00 
    * 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 LSEG Refinitiv data May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.62           0.73           Beat
 Dec. 31 2022      0.65           0.62           Missed
 Sep. 30 2022      0.50           0.57           Beat
 Jun. 30 2022      0.63           0.64           Beat