Definitive Healthcare Corp reports results for the quarter ended in December - Earnings Summary

Definitive Healthcare

29/02/2024 20:33

* Definitive Healthcare Corp  DH.OQ  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
December, identical to the same quarter last year.  The mean
expectation of thirteen analysts for the quarter was
for earnings of 8 cents per share. Wall Street expected
results to range from 6 cents to 9 cents per share.
    * Revenue rose 8.8% to $65.93 million from a year ago;
analysts
expected $66.02 million. 
    * Definitive Healthcare Corp's reported EPS for the quarter
was a
loss of 9 cents​.
    * The company reported a quarterly loss of $10.23 million.
    * Definitive Healthcare Corp shares had fallen by 7.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and no "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 Definitive
Healthcare Corp is $10.00 
This summary was machine generated from LSEG data February 29 at
08:33 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 2023      0.08           0.07           Missed
 Sep. 30 2023      0.06           0.09           Beat
 Jun. 30 2023      0.06           0.08           Beat
 Mar. 31 2023      0.04           0.06           Beat