EverCommerce Inc expected to post earnings of 6  cents a share - Earnings Preview

EverCommerce

06/05/2023 03:06

* EverCommerce Inc  EVCM.OQ   EVCM.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Denver Colorado-based  company is expected to report 
a
10.5% increase in revenue to $158.606 million from $143.58
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
March 15 2023, for the period ended March 31, was for revenue
between $157.00 million and $160.00 million.
    * ​Refinitiv's mean analyst estimate for EverCommerce Inc is
for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and 1 "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​, below​ its last closing price of $12.22. ​​​

The company's guidance on March 15 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD157 million and USD29 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.05        0.05       0.09      Beat    81.8
 ​​Dec.                    0.07       -0.02     Missed  -126.9
 31 2021                                                
 Sep. 30 2021  0.06        0.06       -0.01     Missed  -117.5
                                                        ​
 Jun. 30 2021  0.01        0.01       -0.25     Missed  -4,678
                                                        .8
 This summary was machine generated May 6 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated