Instructure Holdings Inc expected to post earnings of 19  cents a share - Earnings Preview

Instructure Holdings

29/07/2023 03:05

* Instructure Holdings Inc  INST.N   INST.K  is expected
to show a
rise in quarterly revenue when it reports  results on July 31. 
    * The Salt Lake City Utah-based  company is expected to
report  a
12.7% increase in revenue to $129.094 million from $114.58
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Instructure
Holdings Inc
is for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"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 $32​, above​ its last closing price of $26.62.
​​​

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  0.18        0.18       0.19      Beat    4.6
 Dec. 31 2023  0.26        0.26       0.20      Missed  -22.7
 Sep. 30 2022  0.25        0.25       0.29      Beat    15.9​
 Jun. 30 2022  0.22        0.22       0.25      Beat    13.1
 ​​Mar.        0.22        0.22       0.28      Beat    28.1
 31 2022                                                
 Dec. 31 2021  0.20        0.19       0.34      Beat    80.2​
 Sep. 30 2021  0.14        0.14       0.24      Beat    65.8
 Jun. 30 2021  0.03        0.03       0.16      Beat    362.4
 This summary was machine generated July 29 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated