Definitive Healthcare Corp reports results for the quarter ended September 30 - Earnings Summary

Definitive Healthcare

08/11/2024 21:02

* Definitive Healthcare Corp  DH.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 9 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 8 cents
per share. Wall Street expected results to range from 7 cents
to 9 cents per share.
    * Revenue fell 4% to $62.70 million from a year ago;
analysts
expected $61.72 million. 
    * Definitive Healthcare Corp's reported EPS for the quarter
was a
loss of $1.12​.
    * The company reported a quarterly loss of $130.9 million.
    * Definitive Healthcare Corp shares had fallen by 3.6% this
quarter and lost 56.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.3%
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 4 "strong buy" or "buy," 8
"hold" and 1 "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 5.00 
This summary was machine generated from LSEG data November 8 at
09:02 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
 Sep. 30 2024      0.08           0.10           Beat
 Jun. 30 2024      0.09           0.09           Met
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.08           0.07           Missed