Crexendo Inc expected to post earnings of 1 cent a share - Earnings Preview

Crexendo

09/08/2023 02:03

* Crexendo Inc  CXDO.OQ   CXDO.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 10. 
    * The Tempe Arizona-based  company is expected to report  a
33.7% increase in revenue to $11.826 million from $8.85 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Crexendo Inc is for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 Crexendo
Inc is
$4.25​, above​ its last closing price of $1.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.01        0.01       0.02      Beat    37.9
 Dec. 31 2023  0.04        0.03       0.09      Beat    230.3
 Sep. 30 2022  0.02        0.02       0.03      Beat    71.4​
 Jun. 30 2022  0.01        0.01       0.02      Beat    81.8
 ​​Mar.        0.01        0.01       0.02      Beat    160.8
 31 2022                                                
 Dec. 31 2021  0.03        0.03       0.02      Missed  -27.3​
 Sep. 30 2021  0.00        0.00       0.03      Beat    700
 Jun. 30 2021  0.01        0.01       0.00      Missed  -100
 This summary was machine generated August 9 at 01:03 GMT.  All
figures in US dollars  unless otherwise stated