Kinaxis Inc expected to post earnings of 44 cents a share - Earnings Preview

Kinaxis

27/02/2024 24:52

* Kinaxis Inc  KXS.TO   is expected to show a rise in
quarterly
revenue when it reports  results on February 28 for the period
ending December 31 2023
    * The Ottawa Ontario-based  company is expected to report a
15.3% increase in revenue to $113.591 million from $98.48
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Kinaxis Inc is for
earnings of
44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"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 Kinaxis Inc
is
C$220.00​, above​ its last closing price of C$154.88. ​​​

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  0.32        0.32       0.52      Beat    61.8
 Jun. 30 2023  0.28        0.28       0.25      Missed  -10.3
 Mar. 31 2023  0.37        0.37       0.40      Beat    9.2​
 Dec. 31 2022  0.26        0.26       0.60      Beat    132
 ​​Sep.        0.23        0.23       0.20      Missed  -13.5
 30 2022                                                
 Jun. 30 2022  0.16        0.16       0.14      Missed  -9.7​
 Mar. 31 2022  0.55        0.55       0.65      Beat    18.8
 Dec. 31 2021  0.18        0.18       0.16      Missed  -9.1
 This summary was machine generated February 27 at 00:52 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)