EverCommerce Inc expected to post earnings of 13 cents a share - Earnings Preview

EverCommerce

03/08/2024 03:01

* EverCommerce Inc  EVCM.OQ   EVCM.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Denver Colorado-based  company is expected to report a
1.0% increase in revenue to $171.801 million from $170.05
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$169.50 million and $173.50 million.
    * ​LSEG's mean analyst estimate for EverCommerce Inc is for
earnings of 13 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 $12.00​, above​ its last closing price of $11.10. ​​​

The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD169.5 million and USD42 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  
 Mar. 31 2024  0.11        0.11       0.15      Beat    34.6
 Jan. 1 2024               0.13       0.12      Missed  -4.5
 Sep. 30 2023  0.12        0.11       0.15      Beat    37.4​
 Jun. 30 2023  0.08        0.08       0.18      Beat    133.3
 ​​Mar.        0.07        0.06       0.06      Met     -7.1
 31 2023                                                
 Dec. 31 2022  0.07        0.08       0.10      Beat    32.3​
 Sep. 30 2022  0.08        0.09       0.11      Beat    28.1
 Jun. 30 2022  0.09        0.08       0.12      Beat    55.6
 This summary was machine generated August 3 at 02:01 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)