Guidewire Software Inc expected to post earnings of 38  cents a share - Earnings Preview

Guidewire Software

05/09/2023 21:16

* Guidewire Software Inc  GWRE.N   GWRE.K  is expected
to show a
rise in quarterly revenue when it reports  results on September
7. 
    * The San Mateo California-based  company is expected to
report  a
6.9% increase in revenue to $261.361 million from $244.6 million
a year ago, according to the mean estimate from 13 analysts,
based on Refinitiv data. The company's guidance on June 1 2023,
for the period ended July 31, was for revenue between $255.00
million and $265.00 million.
    * ​Refinitiv's mean analyst estimate for Guidewire Software
Inc is
for earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"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 $87.5​, above​ its last closing price of $86.53.
​​​

The company's guidance on June 1 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD29
million and USD39 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  
 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. 31 2022  -0.01       -0.01      0.03      Beat    308
 ​​Apr.        -0.27       -0.28      -0.26     Beat    5.6
 30 2022                                                
 Jan. 31 2022  -0.11       -0.12      -0.06     Beat    48.1​
 Oct. 31 2021  -0.24       -0.25      -0.21     Beat    15.5
 Jul. 31 2021  0.25        0.25       0.37      Beat    45.2
 This summary was machine generated September 5 at 20:16 GMT. 
All figures in US dollars  unless otherwise stated