Informatica Inc expected to post earnings of 16  cents a share - Earnings Preview

Informatica

02/05/2023 03:09

* Informatica Inc  INFA.N   INFA.K  is expected to show a
fall in
quarterly revenue when it reports  results on May 3. 
    * The Redwood City California-based  company is expected to
report
 a 1.1% decrease in revenue to $358.221 million from $362.35
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
February 8 2023, for the period ended March 31, was for revenue
between $352.00 million and $362.00 million.
    * ​Refinitiv's mean analyst estimate for Informatica Inc is
for
earnings of 16 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 no "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 Informatica
Inc
is $21​, above​ its last closing price of $15.37. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD74 million and USD84 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  
 Dec. 31 2022  0.22        0.21       0.24      Beat    11.8
 Sep. 30 2022  0.18        0.17       0.18      Beat    3.3
 Jun. 30 2022  0.08        0.08       0.16      Beat    94.4​
 Mar. 31 2022  0.14        0.14       0.20      Beat    44.6
 ​​Dec.        0.21        0.21       0.20      Missed  -3.3
 31 2021                                                
 Sep. 30 2021  0.18        0.18       0.23      Beat    26.9​
 This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated