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

Docusign

05/12/2024 22:02

* DocuSign Inc  DOCU.OQ  reported quarterly adjusted
earnings of
90 cents​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of 79 cents.  The mean expectation of sixteen analysts for the
quarter was for earnings of 87 cents per share. Wall Street
expected results to range from 82 cents to 91 cents per share.
    * Revenue rose 7.8% to $754.82 million from a year ago;
analysts
expected $745.26 million. 
    * DocuSign Inc's reported EPS for the quarter was 30 cents​.
    * The company reported quarterly net income of $62.42
million.
    * DocuSign Inc shares had risen by 35.3% this quarter and
gained 41.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.8%
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 "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 16
"hold" and 3 "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
$65.00 
This summary was machine generated from LSEG data December 5 at
10:01 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
 Oct. 31 2024      0.87           0.90           Beat
 Jul. 31 2024      0.80           0.97           Beat
 Apr. 30 2024      0.79           0.82           Beat
 Jan. 31 2024      0.64           0.76           Beat