Information Services Group Inc expected to post earnings of 11  cents a share - Earnings Preview

Information Services

06/05/2023 03:11

* Information Services Group Inc  III.OQ   III.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 8. 
    * The Stamford Connecticut-based  company is expected to
report  a
1.8% increase in revenue to $73.836 million from $72.56 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on March 9 2023,
for the period ended March 31, was for revenue between $73.00
million and $75.00 million.
    * ​Refinitiv's mean analyst estimate for Information
Services
Group Inc is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 6.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Information
Services Group Inc is $9.95​, above​ its last closing price
of $5.00. ​​​

The company's guidance on March 9 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD73 million and USD11 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  0.13        0.12       0.13      Beat    10.6
 Sep. 30 2022  0.10        0.09       0.14      Beat    51.4
 Jun. 30 2022  0.10        0.09       0.13      Beat    48.6​
 Mar. 31 2022  0.08        0.08       0.12      Beat    60
 ​​Dec.        0.06        0.08       0.10      Beat    25
 31 2021                                                
 Sep. 30 2021  0.09        0.08       0.12      Beat    45.5​
 Jun. 30 2021  0.07        0.07       0.12      Beat    77.8
 Mar. 31 2021  0.06        0.06       0.10      Beat    73.9
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated