Instructure Holdings Inc reports results for the quarter ended in December - Earnings Summary

Instructure Holdings

13/02/2023 22:01

* Instructure Holdings Inc  INST.N  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in
December. The mean expectation of ten analysts for the quarter
was for earnings of 26 cents per share.
    * Revenue rose 12.8% to $124.73 million from a year ago;
analysts
expected $121.45 million. 
    * Instructure Holdings Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Instructure Holdings Inc shares had risen by 17.4% this
quarter.
    * The company reported a quarterly loss of $5.72 million.
    * Wall Street's median 12-month price target for Instructure
Holdings Inc is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
13 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.26           0.20           Missed
 Sep. 30 2022      0.25           0.29           Beat
 Jun. 30 2022      0.22           0.25           Beat
 Mar. 31 2022      0.22           0.28           Beat