* Confluent Inc CFLT.OQ reported quarterly adjusted
earnings of
9 cents per share for the quarter ended December 31, identical
to the same quarter last year. The mean expectation of
thirty analysts for the quarter was for earnings of 6 cents per
share. Wall Street expected results to range from 5 cents to 12
cents per share.
* Revenue rose 22.5% to $261.22 million from a year ago;
analysts
expected $256.92 million.
* Confluent Inc's reported EPS for the quarter was a loss
of 27
cents.
* The company reported a quarterly loss of $88.05 million.
* Confluent Inc shares had risen by 12.5% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 23 "strong buy" or "buy," 9
"hold" and 1 "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 Confluent Inc is
$34.00
This summary was machine generated from LSEG data February 11 at
10:51 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 0.06 0.09 Beat
Sep. 30 2024 0.05 0.10 Beat
Jun. 30 2024 0.05 0.06 Beat
Mar. 31 2024 0.02 0.05 Beat