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

Kinaxis

04/05/2023 24:57

* Kinaxis Inc  KXS.TO  reported quarterly adjusted earnings
of 40
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 37 cents per share.
    * Revenue rose 3.1% to $101.13 million from a year ago;
analysts
expected $101.06 million. 
    * Kinaxis Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts had risen by
about 26.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Kinaxis Inc shares had fallen by 0.2% this quarter and
gained 21.9% so far this year.
    * The company reported quarterly net income of $1.19
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 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 11:56 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.16           0.14           Missed