Instructure Holdings Inc expected to post earnings of 23 cents a share - Earnings Preview

Instructure Holdings

16/02/2024 22:56

* Instructure Holdings Inc  INST.N   INST.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The Salt Lake City Utah-based  company is expected to
report a
7.9% increase in revenue to $134.569 million from $124.73
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 23 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 $31.50​, above​ its last closing price
of $24.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.20        0.20       0.25      Beat    23.7
 Jun. 30 2023  0.19        0.19       0.19      Met     1.5
 Mar. 31 2023  0.18        0.18       0.19      Beat    4.6​
 Dec. 31 2022  0.26        0.26       0.20      Missed  -22.7
 ​​Sep.        0.25        0.25       0.29      Beat    15.9
 30 2022                                                
 Jun. 30 2022  0.22        0.22       0.25      Beat    13.1​
 Mar. 31 2022  0.22        0.22       0.28      Beat    28.1
 Dec. 31 2021  0.20        0.19       0.34      Beat    80.2
 This summary was machine generated February 16 at 22:56 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)