FiscalNote Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Fiscalnote Holdings

12/11/2024 23:17

* FiscalNote Holdings Inc  NOTE.N  reported a quarterly
adjusted
loss of 11 cents​​ per share for the quarter ended September 30,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for a loss of 10 cents per
share. Wall Street expected results to range from -10 cents
to -9 cents per share.
    * Revenue fell 13.4% to $29.44 million from a year ago;
analysts
expected $29.00 million. 
    * FiscalNote Holdings Inc's reported EPS for the quarter was
a
loss of 11 cents​.
    * The company reported a quarterly loss of $14.94 million.
    * FiscalNote Holdings Inc shares had fallen by 26.9% this
quarter and lost 18.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.7%
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," no
"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 3.25 
This summary was machine generated from LSEG data November 12 at
11:17 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
 Sep. 30 2024      -0.10          -0.11          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