Guidewire Software Inc expected to post a loss of 18 cents a share - Earnings Preview

Guidewire Software

05/12/2023 21:20

* Guidewire Software Inc  GWRE.N   GWRE.K  is expected
to show a
rise in quarterly revenue when it reports  results on December 7
for the period ending July 31 2023
    * The San Mateo California-based  company is expected to
report a
2.9% increase in revenue to $200.928 million from $195.28
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on September
7 2023, for the period ended October 31, was for revenue between
$197.00 million and $202.00 million.
    * ​LSEG's mean analyst estimate for Guidewire Software Inc
is for
a loss of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 1 "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 Guidewire
Software Inc is $100.00​, below​ its last closing price
of $100.13. ​​​

The company's guidance on September 7 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD-25 million and USD-20 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.37        0.38       0.74      Beat    93.2
 Apr. 30 2023  -0.14       -0.14      -0.08     Beat    43.1
 Jan. 31 2023  -0.02       -0.03      -0.21     Missed  -723.5
                                                        ​
 Oct. 31 2022  -0.38       -0.39      -0.12     Beat    69.3
 ​​Jul.        -0.01       -0.01      0.03      Beat    308
 31 2022                                                
 Apr. 30 2022  -0.27       -0.28      -0.26     Beat    5.6​
 Jan. 31 2022  -0.11       -0.12      -0.06     Beat    48.1
 Oct. 31 2021  -0.24       -0.25      -0.21     Beat    15.5
 This summary was machine generated December 5 at 21:20 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)