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

Instructure Holdings

02/05/2022 23:05

* Instructure Holdings Inc  INST.N  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue was $113.46 million​;  analysts expected $109.56
million. 
    * Instructure Holdings Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts had risen by
about 16.4%
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 fallen by 9.8% this
quarter and lost 24.5% so far this year.
    * The company reported a quarterly loss of $5.55 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 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 2 at 10:05 p.m.  ​All
figures in US dollars unless otherwise stated