Model N Inc expected to post earnings of 17  cents a share - Earnings Preview

Model N

06/05/2023 01:42

* Model N Inc  MODN.N   MODN.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The San Mateo California-based  company is expected to
report  a
12.1% increase in revenue to $59.714 million from $53.28 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on February 7
2023, for the period ended March 31, was for revenue between
$59.00 million and $60.00 million.
    * ​Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 17 cents per share. The company's EPS guidance on
February 7 2023, for the period ended March 31, was between
$0.15 and $0.18 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 Model N Inc
is
$46​, above​ its last closing price of $30.00. ​​​

The company's guidance on February 7 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD5.8 million and USD6.8 million.The company's guidance on
February 7 2023 for the period ended March 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD59 million and USD7 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.22        0.22       0.23      Beat    6.6
 Sep. 30 2022  0.19        0.19       0.20      Beat    4.5
 Jun. 30 2022  0.16        0.15       0.23      Beat    50.5​
 Mar. 31 2022  0.09        0.08       0.14      Beat    71.9
 ​​Dec.        0.08        0.09       0.15      Beat    73.9
 31 2021                                                
 Sep. 30 2021  0.11        0.10       0.18      Beat    73.5​
 Jun. 30 2021  0.02        0.02       0.16      Beat    799.9
 Mar. 31 2021  -0.05       -0.05      0.04      Beat    185.7
 This summary was machine generated May 6 at 00:42 GMT.  All
figures in US dollars  unless otherwise stated