Informatica Inc expected to post earnings of 23  cents a share - Earnings Preview

Informatica

31/10/2023 02:03

* Informatica Inc  INFA.N   INFA.K  is expected to show a
rise in
quarterly revenue when it reports  results on November 1. 
    * The Redwood City California-based  company is expected to
report
 a 7.8% increase in revenue to $400.968 million from $371.95
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue between $395.00 million and $405.00 million.
    * ​Refinitiv's mean analyst estimate for Informatica Inc is
for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"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 $23​, above​ its last closing price of $18.87. ​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD110 million and USD120 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  
 Jun. 30 2023  0.12        0.12       0.17      Beat    43.5
 Mar. 31 2023  0.16        0.16       0.15      Missed  -3.9
 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.        0.08        0.08       0.16      Beat    94.4
 30 2022                                                
 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. 30 2021  0.18        0.18       0.23      Beat    26.9
 This summary was machine generated October 31 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated