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

Kinaxis

10/08/2023 01:59

* Kinaxis Inc  KXS.TO  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 28 cents per share.
    * Revenue rose 30.9% to $105.77 million from a year ago;
analysts
expected $105.83 million. 
    * Kinaxis Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% 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 fallen by 15.3% this quarter and
gained 5.5% so far this year.
    * The company reported a quarterly loss of $2.54 million.
    * Wall Street's median 12-month price target for Kinaxis Inc
is
C$220.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 12:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.25           Missed
 Mar. 31 2023      0.37           0.40           Beat
 Dec. 31 2022      0.26           0.60           Beat
 Sep. 30 2022      0.23           0.20           Missed