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

Grid Dynamics Holdings

02/08/2023 03:03

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a fall in quarterly revenue when it reports  results on
August 3. 
    * The La Jolla California-based  company is expected to
report  a
0.8% decrease in revenue to $76.686 million from $77.34 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on May 4 2023,
for the period ended June 30, was for revenue between $76.00
million and $78.00 million.
    * ​Refinitiv's mean analyst estimate for Grid Dynamics
Holdings
Inc is for earnings of 8 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 $14​, above​ its last closing price of $10.06.
​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD76 million and USD11 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  
 Mar. 31 2023  0.08        0.08       0.08      Met     -1.2
 Dec. 31 2023  0.11        0.11       0.14      Beat    33.3
 Sep. 30 2022  0.12        0.12       0.15      Beat    26.8​
 Jun. 30 2022  0.09        0.09       0.12      Beat    35.7
 ​​Mar.        0.05        0.05       0.10      Beat    115.4
 31 2022                                                
 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
 This summary was machine generated August 2 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated