DocuSign Inc expected to post earnings of 79 cents a share - Earnings Preview

Docusign

04/06/2024 21:16

* DocuSign Inc  DOCU.OQ   DOCU.O  is expected to show a rise
in
quarterly revenue when it reports  results on June 6 for the
period ending April 30 2024
    * The San Francisco California-based  company is expected to
report a 7.0% increase in revenue to $707.464 million from
$661.39 million a year ago, according to the mean estimate from
17 analysts, based on LSEG data.The company's guidance on March
7 2024, for the period ended April 30, was for revenue between
$704.00 million and $708.00 million.
    * ​LSEG's mean analyst estimate for DocuSign Inc is for
earnings
of 79 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 17
"hold" and 2 "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 DocuSign
Inc is
$65.00​, above​ its last closing price of $53.44. ​​​

The company's guidance on March 7 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD190.08 million and USD198.24 million.The company's guidance
on March 7 2024 for the period ended April 30 was for gross
profit margin between USD81% and USD82%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.64        0.64       0.76      Beat    18
 Oct. 31 0001  0.64        0.63       0.79      Beat    25
 Jan. 1 0001   0.66        0.66       0.72      Beat    9.3​
 Apr. 30 2023  0.55        0.56       0.72      Beat    29.2
 ​​Jan.        0.52        0.52       0.65      Beat    23.9
 31 2023                                                
 Oct. 31 2022  0.41        0.42       0.57      Beat    35.8​
 Jul. 31 2022  0.41        0.42       0.44      Beat    4.6
 Apr. 30 2022  0.46        0.46       0.38      Missed  -17.9
 This summary was machine generated June 4 at 20:16 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)