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

Instructure Holdings

01/08/2022 23:05

* Instructure Holdings Inc  INST.N  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 22.5% to $114.58 million from a year ago;
analysts
expected $110.78 million. 
    * Instructure Holdings Inc's reported EPS for the quarter
was a
loss of 9 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Instructure Holdings Inc shares had risen by 7.7% this
quarter and gained 1.9% so far this year.
    * The company reported a quarterly loss of $12.92 million.
    * Wall Street's median 12-month price target for Instructure
Holdings Inc is $31.00 
    * 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." 

This summary was machine generated from Refinitiv data August 1
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.22           0.25           Beat
 Mar. 31 2022      0.22           0.28           Beat
 Dec. 31 2021      0.19           0.34           Beat
 Sep. 30 2021      0.14           0.24           Beat