Guidewire Software Inc expected to post earnings of 54 cents a share - Earnings Preview

Guidewire Software

03/09/2024 21:05

* Guidewire Software Inc  GWRE.N   GWRE.K  is expected
to show a
rise in quarterly revenue when it reports  results on September
5 for the period ending July 31 2024
    * The San Mateo California-based  company is expected to
report a
5.2% increase in revenue to $283.889 million from $269.96
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on June 4
2024, for the period ended July 31, was for revenue between
$279.00 million and $287.00 million.
    * ​LSEG's mean analyst estimate for Guidewire Software Inc
is for
earnings of 54 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 165.00​, above​ its last closing price
of $148.77. ​​​

The company's guidance on June 4 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD43
million and USD51 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  
 Apr. 30 2024  0.13        0.13       0.26      Beat    95.9
 Jan. 31 2024  0.24        0.23       0.46      Beat    99.3
 Oct. 31 2023  -0.19       -0.18      0.00      Beat    100​
 Jul. 31 2023  0.37        0.38       0.74      Beat    93.2
 ​​Apr.        -0.14       -0.14      -0.08     Beat    43.1
 30 2023                                                
 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
 This summary was machine generated September 3 at 20:05 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)