Jfrog Ltd expected to post earnings of 5 cents a share - Earnings Preview
31/07/2023 21:18
* Jfrog Ltd FROG.OQ FROG.O is expected to show a rise in
quarterly revenue when it reports results on August 2.
* The Sunnyvale California-based company is expected to
report a
22.3% increase in revenue to $82.96 million from $67.81 million
a year ago, according to the mean estimate from 12 analysts,
based on Refinitiv data. The company's guidance on May 3 2023,
for the period ended June 30, was for revenue between $82.50
million and $83.50 million.
* Refinitiv's mean analyst estimate for Jfrog Ltd is for
earnings
of 5 cents per share. The company's EPS guidance on May 3 2023,
for the period ended June 30, was between $0.05 and $0.06
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"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
$28.5, below its last closing price of $29.66.
The company's guidance on May 3 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD3
million and USD4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.03 0.03 0.06 Beat 86
Dec. 31 2023 0.01 0.02 0.04 Beat 147.4
Sep. 30 2022 0.00 0.00 0.02 Beat 4,247.
8
Jun. 30 2022 -0.03 -0.03 -0.02 Beat 40
Mar. 0.00 0.00 0.00 Met
31 2022
Dec. 31 2021 0.00 0.00 -0.01 Missed -433.3
Sep. 30 2021 -0.03 -0.03 0.01 Beat 135.1
Jun. 30 2021 0.01 0.01 0.01 Met 1.1
This summary was machine generated July 31 at 20:18 GMT. All
figures in US dollars unless otherwise stated