Jfrog Ltd expected to post earnings of 14 cents a share - Earnings Preview
06/08/2024 02:21
* Jfrog Ltd FROG.OQ FROG.O is expected to show a rise in
quarterly revenue when it reports results on August 7 for the
period ending January 1 0001
* The Sunnyvale California-based company is expected to
report a
23.1% increase in revenue to $103.577 million from $84.17
million a year ago, according to the mean estimate from 17
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$103.00 million and $104.00 million.
* LSEG's mean analyst estimate for Jfrog Ltd is for
earnings of
14 cents per share. The company's EPS guidance on May 9 2024,
for the period ended June 30, was between $0.13 and $0.15
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "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
$46.50, above its last closing price of $33.63.
The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD13
million and USD14 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
Mar. 31 2024 0.14 0.14 0.16 Beat 11.2
Dec. 31 2024 0.13 0.12 0.19 Beat 52.5
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. 0.03 0.03 0.06 Beat 86
31 2023
Dec. 31 2022 0.01 0.02 0.04 Beat 147.4
Sep. 30 2022 0.00 0.00 0.02 Beat 4,247.
8
Jan. 1 0001 -0.03 -0.03 -0.02 Beat 40
This summary was machine generated August 6 at 01:21 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)