Grid Dynamics Holdings Inc expected to post earnings of 12cents a share - Earnings Preview

Grid Dynamics Holdings

02/11/2022 02:02

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 3. 
    * The La Jolla California-based  company is expected to
report  a
37.0% increase in revenue to $79.34 million from $57.93 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$78.50 million and $80.00 million.
    * ​Refinitiv's mean analyst estimate for Grid Dynamics
Holdings
Inc is for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "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 Grid
Dynamics
Holdings Inc is $25​, above​ its last closing price of $13.56.
​​​

The company's guidance on August 4 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD78.5 million and
USD13.6 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  
 Jun. 30 2022  0.09        0.09       0.12      Beat    35.7
 Mar. 31 2022  0.05        0.05       0.10      Beat    115.4
 Dec. 31 2021  0.09        0.08       0.10      Beat    18.1​
 Sep. 30 2021  0.08        0.08       0.11      Beat    40
 ​​Jun.        0.06        0.06       0.10      Beat    66.7
 30 2021                                                
 Mar. 31 2021  0.02        0.02       0.05      Beat    108.3​
 Dec. 31 2020  0.03        0.03       0.04      Beat    25
 Sep. 30 2020  -0.01       -0.01      0.05      Beat    475.1
 This summary was machine generated November 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated