Information Services Group Inc expected to post earnings of 9  cents a share - Earnings Preview

Information Services

02/08/2023 03:02

* Information Services Group Inc  III.OQ   III.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 3. 
    * The Stamford Connecticut-based  company is expected to
report  a
4.8% increase in revenue to $74.126 million from $70.7 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. The company's guidance on May 8 2023, for the
period ended June 30, 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 9 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Information
Services Group Inc is $9.33​, above​ its last closing price
of $5.16. ​​​

The company's guidance on May 8 2023 for the period ended June
30 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  
 Mar. 31 2023  0.12        0.11       0.12      Beat    9.1
 Dec. 31 2023  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.        0.08        0.08       0.12      Beat    60
 31 2022                                                
 Dec. 31 2021  0.06        0.08       0.10      Beat    25​
 Sep. 30 2021  0.09        0.08       0.12      Beat    45.5
 Jun. 30 2021  0.07        0.07       0.12      Beat    77.8
 This summary was machine generated August 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated