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

Instructure Holdings

31/07/2023 23:05

* Instructure Holdings Inc  INST.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in June.
The mean expectation of twelve analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue rose 14.4% to $131.07 million from a year ago;
analysts
expected $129.09 million. 
    * Instructure Holdings Inc's reported EPS for the quarter
was a
loss of 8 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Instructure Holdings Inc shares had risen by 5.8% this
quarter and gained 13.6% so far this year.
    * The company reported a quarterly loss of $10.97 million.
    * Wall Street's median 12-month price target for Instructure
Holdings Inc is $32.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.19           0.19           Met
 Mar. 31 2023      0.18           0.19           Beat
 Dec. 31 2022      0.26           0.20           Missed
 Sep. 30 2022      0.25           0.29           Beat