Informatica Inc expected to post earnings of 30 cents a share - Earnings Preview

Informatica

12/02/2024 21:24

* Informatica Inc  INFA.N   INFA.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Redwood City California-based  company is expected to
report
a 8.4% increase in revenue to $432.208 million from $398.78
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between $420.00 million and $440.00 million.
    * ​LSEG's mean analyst estimate for Informatica Inc is for
earnings of 30 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 $32.00​, above​ its last closing price of $31.12. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD130 million and USD150 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.23        0.23       0.27      Beat    18.4
 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.        0.18        0.17       0.18      Beat    3.3
 30 2022                                                
 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
 This summary was machine generated February 12 at 21:23 GMT. 
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)