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

Fiscalnote Holdings

09/08/2024 05:28

* FiscalNote Holdings Inc  NOTE.N  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -23 cents.  The mean expectation of six analysts
for the quarter was for a loss of 13 cents per share. Wall
Street expected results to range from -14 cents to -12 cents per
share.
    * Revenue fell 10.9% to $29.25 million from a year ago;
analysts
expected $29.09 million. 
    * FiscalNote Holdings Inc's reported EPS for the quarter was
a
loss of 9 cents​.
    * The company reported a quarterly loss of $12.76 million.
    * FiscalNote Holdings Inc shares had fallen by 4.8% this
quarter and gained 21.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.3%
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." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for FiscalNote
Holdings Inc is $3.00 
This summary was machine generated from LSEG data August 9 at
04:27 a.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
 Jun. 30 2024      -0.13          -0.09          Beat
 Mar. 31 2024      -0.17          0.35           Beat
 Dec. 31 2023      -0.15          -0.39          Missed
 Sep. 30 2023      -0.16          -0.11          Beat