Doximity Inc reports results for the quarter ended in December - Earnings Summary

Doximity

08/02/2024 22:38

* Doximity Inc  DOCS.N  reported quarterly adjusted earnings
of 29
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 22
cents.  The mean expectation of fifteen analysts for the quarter
was for earnings of 23 cents per share. Wall Street expected
results to range from 16 cents to 25 cents per share.
    * Revenue rose 17.4% to $135.28 million from a year ago;
analysts
expected $127.49 million. 
    * Doximity Inc's reported EPS for the quarter was 24 cents​.
    * The company reported quarterly net income of $47.96
million.
    * Doximity Inc shares had fallen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2% 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 5 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for Doximity Inc is
$29.00 
This summary was machine generated from LSEG data February 8 at
10:37 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
 Dec. 31 2023      0.23           0.29           Beat
 Sep. 30 2023      0.18           0.22           Beat
 Jun. 30 2023      0.15           0.19           Beat
 Mar. 31 2023      0.17           0.20           Beat