DocuSign Inc expected to post earnings of 80 cents a share - Earnings Preview

Docusign

03/09/2024 21:24

* DocuSign Inc  DOCU.OQ   DOCU.O  is expected to show a rise
in
quarterly revenue when it reports  results on September 5 for
the period ending July 31 2024
    * The San Francisco California-based  company is expected to
report a 5.8% increase in revenue to $727.363 million from
$687.69 million a year ago, according to the mean estimate from
14 analysts, based on LSEG data.The company's guidance on June 6
2024, for the period ended July 31, was for revenue between
$725.00 million and $729.00 million.
    * ​LSEG's mean analyst estimate for DocuSign Inc is for
earnings
of 80 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 16
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for DocuSign
Inc is
60.00​, above​ its last closing price of $59.21. ​​​

The company's guidance on June 6 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD195.75
million and USD204.12 million.The company's guidance on June 6
2024 for the period ended July 31 was for gross profit margin
between USD80.5% and USD81.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.80        0.79       0.82      Beat    3.8
 Jan. 31 2024  0.64        0.64       0.76      Beat    18
 Oct. 31 2023  0.64        0.63       0.79      Beat    25​
 Jan. 1 0001   0.66        0.66       0.72      Beat    9.3
 ​​Apr.        0.55        0.56       0.72      Beat    29.2
 30 2023                                                
 Jan. 31 2023  0.52        0.52       0.65      Beat    23.9​
 Oct. 31 2022  0.41        0.42       0.57      Beat    35.8
 Jul. 31 2022  0.41        0.42       0.44      Beat    4.6
 This summary was machine generated September 3 at 20:24 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)