CS Disco Inc expected to post a loss of 11 cents a share - Earnings Preview

CS Disco

08/05/2024 03:02

* CS Disco Inc  LAW.N   LAW  is expected to show a rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
7.5% increase in revenue to $35.603 million from $33.13 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CS Disco Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "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 CS Disco
Inc is
$8.50​, above​ its last closing price of $7.89. ​​​

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  -0.09       -0.10      -0.01     Beat    89.5
 Sep. 30 2023  -0.11       -0.12      -0.06     Beat    48.2
 Jun. 30 2023  -0.20       -0.20      -0.11     Beat    44.9​
 Mar. 31 2023  -0.26       -0.26      -0.20     Beat    23.9
 ​​Dec.        -0.31       -0.31      -0.18     Beat    41.2
 31 2022                                                
 Sep. 30 2022  -0.30       -0.31      -0.24     Beat    21.7​
 Jun. 30 2022  -0.27       -0.27      -0.23     Beat    15.3
 Mar. 31 2022  -0.21       -0.20      -0.15     Beat    25.4
 This summary was machine generated May 8 at 02:01 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)