HashiCorp Inc reports results for the quarter ended in July 31 - Earnings Summary

Hashicorp

29/08/2024 22:01

* HashiCorp Inc  HCP.OQ  reported quarterly adjusted
earnings of 8
cents​​ per share for the quarter ended July 31, higher than the
same quarter last year, when the company reported EPS of -10
cents.  The mean expectation of sixteen analysts for the quarter
was for breakeven results per share. Wall Street expected
results to range from -3 cents to 2 cents per share.
    * Revenue rose 15.3% to $165.14 million from a year ago;
analysts
expected $157.25 million. 
    * HashiCorp Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $26.46 million.
    * HashiCorp Inc shares had risen by 0.3% this quarter and
gained 43.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 41.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for HashiCorp Inc is
35.00 
This summary was machine generated from LSEG data August 29 at
09:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2024      0.00           0.08           Beat
 Apr. 30 2024      -0.01          0.05           Beat
 Jan. 31 2024      0.01           0.05           Beat
 Oct. 31 2023      -0.04          0.03           Beat