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

Grid Dynamics Holdings

01/11/2023 02:41

* Grid Dynamics Holdings Inc  GDYN.OQ   GDYN.O  is expected
to show a fall in quarterly revenue when it reports  results 
    * The La Jolla California-based  company is expected to
report  a
5.5% decrease in revenue to $76.673 million from $81.16 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. The company's guidance on August 3 2023, for
the period ended September 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 $10.14.
​​​

The company's guidance on August 3 2023 for the period ended
September 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  
 Jun. 30 2023  0.08        0.08       0.09      Beat    13.9
 Mar. 31 2023  0.08        0.08       0.08      Met     -1.2
 Dec. 31 2022  0.11        0.11       0.14      Beat    33.3​
 Sep. 30 2022  0.12        0.12       0.15      Beat    26.8
 ​​Jun.        0.09        0.09       0.12      Beat    35.7
 30 2022                                                
 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
 This summary was machine generated November 1 at 02:41 GMT.  All
figures in US dollars  unless otherwise stated