FiscalNote Holdings Inc reports results for the quarter ended in January - Earnings Summary

Fiscalnote Holdings

09/05/2024 15:16

* FiscalNote Holdings Inc  NOTE.N  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -14 cents.  The mean expectation of
six analysts for the quarter was for a loss of 17 cents per
share. Wall Street expected results to range from -17 cents
to -16 cents per share.
    * Revenue rose 1.8% to $32.11 million from a year ago;
analysts
expected $31.11 million. 
    * FiscalNote Holdings Inc's reported EPS for the quarter was
37
cents​.
    * The company reported quarterly net income of $56.19
million.
    * FiscalNote Holdings Inc shares had fallen by 8.3% this
quarter and gained 7.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6% 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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for FiscalNote
Holdings Inc is $3.00 

This summary was machine generated from LSEG data May 9 at 02:16
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
 Mar. 31 2024      -0.17          0.37           Beat
 Dec. 31 2023      -0.15          -0.39          Missed
 Sep. 30 2023      -0.16          -0.11          Beat
 Jun. 30 2023      -0.13          -0.23          Missed