Kinaxis Inc expected to post earnings of 52 cents a share - Earnings Preview

Kinaxis

29/07/2024 23:53

* Kinaxis Inc  KXS.TO   is expected to show a rise in
quarterly
revenue when it reports  results on July 31 for the period
ending June 30 2024
    * The Ottawa Ontario-based  company is expected to report a
10.4% increase in revenue to $116.814 million from $105.77
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Kinaxis Inc is for
earnings of
52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Kinaxis Inc
is
C$200.00​, above​ its last closing price of C$169.78. ​​​

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  0.49        0.49       0.58      Beat    17.6
 Dec. 31 2024  0.44        0.44       0.43      Missed  -1.5
 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.        0.37        0.37       0.40      Beat    9.2
 31 2023                                                
 Jan. 1 0001   0.26        0.26       0.60      Beat    132​
 Sep. 30 2022  0.23        0.23       0.20      Missed  -13.5
 Jun. 30 2022  0.16        0.16       0.14      Missed  -9.7
 This summary was machine generated July 29 at 22:53 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)