E2open Parent Holdings Inc reports results for the quarter ended in May - Earnings Summary

E2open Parent Holdings

10/07/2024 22:46

* E2open Parent Holdings Inc  ETWO.N  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in May,
lower than the same quarter last year, when the company reported
EPS of 5 cents.  The mean expectation of five analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from 3 cents to 5 cents per share.
    * Revenue fell 5.6% to $151.16 million from a year ago;
analysts
expected $155.04 million. 
    * E2open Parent Holdings Inc's reported EPS for the quarter
was a
loss of 13 cents​.
    * The company reported a quarterly loss of $38.86 million.
    * E2open Parent Holdings Inc shares had risen by 3.8% this
quarter and gained 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.9%
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 no "strong buy" or "buy," 5
"hold" and no "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 E2open Parent
Holdings Inc is $4.50 
This summary was machine generated from LSEG data July 10 at
09:46 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
 May. 31 2024      0.04           0.04           Met
 Feb. 29 2024      0.04           0.05           Beat
 Nov. 30 2023      0.04           0.04           Met
 Aug. 31 2023      0.05           0.04           Missed