Model N Inc expected to post earnings of 2 cents a share - Earnings Preview

Model N

07/08/2021 01:55

* Model N Inc  MODN.N   MODN.K  is expected to show a rise in
quarterly revenue when it reports results on August 9. 
* The San Mateo, California-based company is expected to report 
 a 18.4% increase in revenue to $48.858 million from $41.26
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 2 cents per share. For the same quarter last year,
the company reported earnings of 15 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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
$50​, about 34.8% above​ its last closing price of $32.61. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.05       -0.05      0.04      Beat    185.7
 Dec. 31 2020  0.07        0.07       0.16      Beat    136.1
 Sep. 30 2020  0.09        0.09       0.14      Beat    53.7​
 Jun. 30 2020  0.06        0.06       0.15      Beat    136.9
 Mar.          0.02​       0.02       0.07      Beat    204.3​
 31​ 2020​                                              
 Dec. 31 2019  0.06        0.06       0.12      Beat    93.1​
 Sep. 30 2019  0.07        0.08       0.12      Beat    52.7
 Jun. 30 2019  0.01        0.01       0.06      Beat    319.9
 This summary was machine generated August 7 at 00:55 GMT.  All
figures in US dollars unless otherwise stated