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

Hashicorp

05/12/2024 22:01

* HashiCorp Inc  HCP.OQ  reported quarterly adjusted
earnings of
13 cents​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of 3 cents.  The mean expectation of seventeen analysts for the
quarter was for earnings of 5 cents per share. Wall Street
expected results to range from 2 cents to 9 cents per share.
    * Revenue rose 18.7% to $173.39 million from a year ago;
analysts
expected $163.94 million. 
    * HashiCorp Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The company reported a quarterly loss of $13.01 million.
    * HashiCorp Inc shares had fallen by 0.8% this quarter and
gained 42.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.7%
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," 14
"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 December 5 at
10:00 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
 Oct. 31 2024      0.05           0.13           Beat
 Jul. 31 2024      0.00           0.08           Beat
 Apr. 30 2024      -0.01          0.05           Beat
 Jan. 31 2024      0.01           0.05           Beat