Instructure Holdings Inc expected to post earnings of 22  cents a share - Earnings Preview

Instructure Holdings

30/07/2022 03:01

* Instructure Holdings Inc  INST.N   INST.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 1. 
    * The Salt Lake City Utah-based  company is expected to
report  a
18.4% increase in revenue to $110.779 million from $93.57
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Instructure
Holdings Inc
is for earnings of 22 cents per share. For the same quarter last
year, the company reported earnings of 16 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $31​, above​ its last closing price of $24.44.
​​​
    * 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 2022  0.22        0.22       0.28      Beat    28.1
 Dec. 31 2022  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 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated