Informatica Inc expected to post earnings of 21cents a share - Earnings Preview

Informatica

06/02/2023 23:31

* Informatica Inc  INFA.N   INFA.K  is expected to show a
fall in
quarterly revenue when it reports  results on February 8. 
    * The Redwood City California-based  company is expected to
report
 a 0.6% decrease in revenue to $404.17 million from $406.71
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
January 10 2023, for the period ended December 31, was for
revenue between $398.00 million and $408.00 million.
    * ​Refinitiv's mean analyst estimate for Informatica Inc is
for
earnings of 21 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 $21.5​, above​ its last closing price of $18.37. ​​​

The company's guidance on January 10 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD93 million and USD103 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  
 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. 31 2021  0.21        0.21       0.20      Missed  -3.3
 ​​Sep.        0.18        0.18       0.23      Beat    26.9
 30 2021                                                
                                                        ​
 This summary was machine generated February 6 at 23:31 GMT.  All
figures in US dollars  unless otherwise stated