Grid Dynamics Holdings Inc expected to post earnings of 6 cents a share - Earnings Preview

Grid Dynamics Holdings

03/08/2021 23:38

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a rise in quarterly revenue when it reports results on
August 5. 
* The La Jolla, California-based company is expected to report 
 a 87.5% increase in revenue to $41.943 million from $22.37
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Grid Dynamics Holdings
Inc is for earnings of 6 cents per share. For the same quarter
last year, the company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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 $21.5​, about 4.9% above​ its last closing price
of $20.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.06       -0.06      0.01      Beat    116
 Mar.          0.06​       0.06       0.05      Missed  -9.1​
 31​ 2020​                                              
 Dec. 31 2019  0.10        0.10       -0.93     Missed  -1,030
                                                        ​
 This summary was machine generated August 3 at 22:38 GMT.  All
figures in US dollars unless otherwise stated