DocuSign Inc reports results for the quarter ended in July 31 - Earnings Summary

Docusign

05/09/2024 22:01

* DocuSign Inc  DOCU.OQ  reported quarterly adjusted
earnings of
97 cents​​ per share for the quarter ended July 31, higher than
the same quarter last year, when the company reported EPS of 72
cents.  The mean expectation of sixteen analysts for the quarter
was for earnings of 80 cents per share. Wall Street expected
results to range from 76 cents to 85 cents per share.
    * Revenue rose 7% to $736.03 million from a year ago;
analysts
expected $727.36 million. 
    * DocuSign Inc's reported EPS for the quarter was $4.26​.
    * The company reported quarterly net income of $888.21
million.
    * DocuSign Inc shares had risen by 7.3% this quarter and
lost 3.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for DocuSign Inc is
60.00 
This summary was machine generated from LSEG data September 5 at
09:01 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
 Jul. 31 2024      0.80           0.97           Beat
 Apr. 30 2024      0.79           0.82           Beat
 Jan. 31 2024      0.64           0.76           Beat
 Oct. 31 2023      0.63           0.79           Beat