Grid Dynamics Holdings Inc expected to post earnings of 8  cents a share - Earnings Preview

Grid Dynamics Holdings

01/03/2022 21:34

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a rise in quarterly revenue when it reports  results on
March 3. 
    * The La Jolla California-based  company is expected to
report  a
94.4% increase in revenue to $58.55 million from $30.13 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Grid Dynamics
Holdings
Inc is for earnings of 8 cents per share. For the same quarter
last year, the company reported earnings of 4 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 $40​, about 69.6% above​ its last closing price
of $12.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.03        0.03       0.04      Beat    25
 ​​Sep.        -0.01       -0.01      0.05      Beat    475.1
 30 2020                                                
 Jun. 30 2020  -0.06       -0.06      0.01      Beat    116​
 Mar. 31 2020  0.06        0.06       0.05      Missed  -9.1
 Dec. 31 2019  0.10        0.10       -0.93     Missed  -1,030
 This summary was machine generated March 1 at 21:34 GMT.  All
figures in US dollars  unless otherwise stated