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

Instructure Holdings

30/10/2023 21:48

* Instructure Holdings Inc  INST.N  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in
September. The mean expectation of twelve analysts for the
quarter was for earnings of 20 cents per share.
    * Revenue rose 10.2% to $134.92 million from a year ago;
analysts
expected $132.64 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 1.1%
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 4.5% this
quarter and gained 3.5% so far this year.
    * The company reported a quarterly loss of $5.48 million.
    * Wall Street's median 12-month price target for Instructure
Holdings Inc is $32.50 
    * 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
October 30 at 09:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.20           0.25           Beat
 Jun. 30 2023      0.19           0.19           Met
 Mar. 31 2023      0.18           0.19           Beat
 Dec. 31 2022      0.26           0.20           Missed