Guidewire Software Inc expected to post earnings of 13 cents a share - Earnings Preview

Guidewire Software

31/05/2024 21:04

* Guidewire Software Inc  GWRE.N   GWRE.K  is expected
to show a
rise in quarterly revenue when it reports  results on June 4 for
the period ending April 30 2024
    * The San Mateo California-based  company is expected to
report a
11.5% increase in revenue to $231.271 million from $207.49
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on March 7
2024, for the period ended April 30, was for revenue between
$228.00 million and $234.00 million.
    * ​LSEG's mean analyst estimate for Guidewire Software Inc
is for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"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 $130.00​, above​ its last closing price
of $113.52. ​​​

The company's guidance on March 7 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between USD4
million and USD10 million.The company's guidance on March 7 2024
for the period ended April 30 was for gross profit margin
between USD61% and USD62%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.24        0.23       0.46      Beat    99.3
 Oct. 31 2024  -0.19       -0.18      0.00      Beat    100
 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.        -0.02       -0.03      -0.21     Missed  -723.5
 31 2023                                                
 Oct. 31 2022  -0.38       -0.39      -0.12     Beat    69.3​
 Jul. 31 2022  -0.01       -0.01      0.03      Beat    308
 Apr. 30 2022  -0.27       -0.28      -0.26     Beat    5.6
 This summary was machine generated May 31 at 20:04 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)