Instructure Holdings Inc expected to post earnings of 15 cents a share - Earnings Preview

Instructure Holdings

07/05/2024 03:04

* Instructure Holdings Inc  INST.N   INST.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 8 for
the period ending March 31 2024
    * The Salt Lake City Utah-based  company is expected to
report a
19.8% increase in revenue to $154.414 million from $128.84
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Instructure Holdings Inc
is
for earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Instructure
Holdings Inc is $30.00​, above​ its last closing price
of $19.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.23        0.23       0.23      Met     1.2
 Sep. 30 2023  0.20        0.20       0.25      Beat    23.7
 Jun. 30 2023  0.19        0.19       0.19      Met     1.5​
 Jan. 1 0001   0.18        0.18       0.19      Beat    4.6
 ​​Dec.        0.26        0.26       0.20      Missed  -22.7
 31 2022                                                
 Jan. 1 0001   0.25        0.25       0.29      Beat    15.9​
 Jun. 30 2022  0.22        0.22       0.25      Beat    13.1
 Jan. 1 0001   0.22        0.22       0.28      Beat    28.1
 This summary was machine generated May 7 at 02:04 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)