Couchbase Inc expected to post a loss of 14 cents a share - Earnings Preview

Couchbase

01/03/2024 22:06

* Couchbase Inc  BASE.OQ   BASE.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 5 for the
period ending January 31 2024
    * The Santa Clara California-based  company is expected to
report
a 12.1% increase in revenue to $46.658 million from $41.62
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Couchbase Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"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 Couchbase
Inc is
$26.00​, below​ its last closing price of $28.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  -0.18       -0.18      -0.08     Beat    56.3
 Jul. 31 2023  -0.22       -0.22      -0.17     Beat    23.3
 Apr. 30 2023  -0.32       -0.32      -0.27     Beat    15.1​
 Jan. 31 2023  -0.34       -0.34      -0.18     Beat    46.6
 ​​Oct.        -0.32       -0.33      -0.22     Beat    32.6
 31 2022                                                
 Jul. 31 2022  -0.28       -0.28      -0.19     Beat    31.2​
 Apr. 30 2022  -0.39       -0.39      -0.32     Beat    17.3
 Jan. 31 2022  -0.25       -0.25      -0.22     Beat    11.5
 This summary was machine generated March 1 at 22:06 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)