EverCommerce Inc expected to post earnings of 11 cents a share - Earnings Preview

EverCommerce

08/05/2024 01:42

* EverCommerce Inc  EVCM.OQ   EVCM.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Denver Colorado-based  company is expected to report a
0.6% increase in revenue to $162.135 million from $161.14
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on March 14
2024, for the period ended March 31, was for revenue between
$160.50 million and $163.50 million.
    * ​LSEG's mean analyst estimate for EverCommerce Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
EverCommerce Inc
is $11.00​, above​ its last closing price of $9.97. ​​​

The company's guidance on March 14 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD160.5 million and USD38 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               0.13       0.12      Missed  -4.5
 Jan. 1 0001   0.12        0.11       0.15      Beat    37.4
 Jun. 30 2023  0.08        0.08       0.18      Beat    133.3​
 Mar. 31 2023  0.07        0.06       0.06      Met     -7.1
 ​​Dec.        0.07        0.08       0.10      Beat    32.3
 31 2022                                                
 Jan. 1 0001   0.08        0.09       0.11      Beat    28.1​
 Jun. 30 2022  0.09        0.08       0.12      Beat    55.6
 Mar. 31 2022  0.05        0.05       0.09      Beat    81.8
 This summary was machine generated May 8 at 00:42 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)