Guidewire Software Inc reports results for the quarter ended in July - Earnings Summary

Guidewire Software

07/09/2023 22:40

* Guidewire Software Inc  GWRE.N  reported quarterly
adjusted
earnings of 74 cents​​ per share for the quarter ended in July.
The mean expectation of fourteen analysts for the quarter was
for earnings of 38 cents per share.
    * Revenue rose 10.4% to $269.96 million from a year ago;
analysts
expected $261.36 million. 
    * Guidewire Software Inc's reported EPS for the quarter was
15
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Guidewire Software Inc shares had risen by 12.6% this
quarter and gained 37.0% so far this year.
    * The company reported quarterly net income of $12.22
million.
    * Wall Street's median 12-month price target for Guidewire
Software Inc is $87.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
September 7 at 09:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.38           0.74           Beat
 Apr. 30 2023      -0.14          -0.08          Beat
 Jan. 31 2023      -0.03          -0.21          Missed
 Oct. 31 2022      -0.39          -0.12          Beat