Jfrog Ltd expected to post earnings of 12 cents a share - Earnings Preview

Jfrog

12/02/2024 22:08

* Jfrog Ltd  FROG.OQ   FROG.O  is expected to show a rise in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Sunnyvale California-based  company is expected to
report a
21.5% increase in revenue to $93.039 million from $76.55 million
a year ago, according to the mean estimate from 12 analysts,
based on LSEG data.The company's guidance on November 1 2023,
for the period ended December 31, was for revenue between $92.50
million and $93.50 million.
    * ​LSEG's mean analyst estimate for Jfrog Ltd is for
earnings of
12 cents per share. The company's EPS guidance on November 1
2023, for the period ended December 31, was between $0.12 and
$0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Jfrog Ltd
is
$37.00​, below​ its last closing price of $39.22. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD10 million and USD11 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.08        0.08       0.15      Beat    82.6
 Jun. 30 2023  0.05        0.05       0.11      Beat    116.7
 Mar. 31 2023  0.03        0.03       0.06      Beat    86​
 Dec. 31 2022  0.01        0.02       0.04      Beat    147.4
 ​​Sep.        0.00        0.00       0.02      Beat    4,247.
 30 2022                                                8
 Jun. 30 2022  -0.03       -0.03      -0.02     Beat    40​
 Mar. 31 2022  0.00        0.00       0.00      Met     
 Dec. 31 2021  0.00        0.00       -0.01     Missed  -433.3
 This summary was machine generated February 12 at 22:08 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)