Crexendo Inc expected to post earnings of 5 cents a share - Earnings Preview

Crexendo

04/05/2024 03:12

* Crexendo Inc  CXDO.OQ   CXDO.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Tempe Arizona-based  company is expected to report a
12.6% increase in revenue to $14.07 million from $12.49 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Crexendo Inc is for
earnings
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$6.88​, above​ its last closing price of $4.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.05        0.04       0.06      Beat    50
 Sep. 30 2023  0.01        0.02       0.12      Beat    439.3
 Jun. 30 2023  0.01        0.01       0.04      Beat    263.6​
 Mar. 31 2023  0.01        0.01       0.02      Beat    37.9
 ​​Dec.        0.04        0.03       0.09      Beat    230.3
 31 2022                                                
 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. 31 2022  0.01        0.01       0.02      Beat    160.8
 This summary was machine generated May 4 at 02:12 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)