Grid Dynamics Holdings Inc expected to post earnings of 5  cents a share - Earnings Preview

Grid Dynamics Holdings

04/05/2022 03:02

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The La Jolla California-based  company is expected to
report  a
62.4% increase in revenue to $63.551 million from $39.13 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Grid Dynamics
Holdings
Inc is for earnings of 5 cents per share. For the same quarter
last year, the company reported earnings of 5 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 had risen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Grid
Dynamics
Holdings Inc is $22.5​, above​ its last closing price of $14.17.
​​​
    * 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 2021  0.09        0.08       0.10      Beat    18.1
 Sep. 30 2021  0.08        0.08       0.11      Beat    40
 Jun. 30 2021  0.06        0.06       0.10      Beat    66.7​
 Mar. 31 2021  0.02        0.02       0.05      Beat    108.3
 ​​Dec.        0.03        0.03       0.04      Beat    25
 31 2020                                                
 Sep. 30 2020  -0.01       -0.01      0.05      Beat    475.1​
 Jun. 30 2020  -0.06       -0.06      0.01      Beat    116
 Mar. 31 2020  0.06        0.06       0.05      Missed  -9.1
 This summary was machine generated May 4 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated