Kinaxis Inc reports results for the quarter ended in June - Earnings Summary

Kinaxis

09/08/2022 23:37

* Kinaxis Inc  KXS.TO  reported quarterly adjusted earnings
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 16 cents per share.
    * Revenue fell 96.2% to $2.26 million from a year ago;
analysts
expected $78.88 million. 
    * Kinaxis Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Kinaxis Inc shares had risen by 16.9% this quarter and
lost 8.4%
so far this year.
    * The company reported a quarterly loss of $2.63 million.
    * Wall Street's median 12-month price target for Kinaxis Inc
is
C$210.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.16           0.14           Missed
 Mar. 31 2022      0.55           0.65           Beat
 Dec. 31 2021      0.18           0.16           Missed
 Sep. 30 2021      0.14           0.24           Beat