Model N Inc expected to post earnings of 22cents a share - Earnings Preview

Model N

03/02/2023 21:02

* Model N Inc  MODN.N   MODN.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 7. 
    * The San Mateo California-based  company is expected to
report  a
12.0% increase in revenue to $57.716 million from $51.54 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on November 8
2022, for the period ended December 31, was for revenue between
$57.00 million and $58.00 million.
    * ​Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 22 cents per share. The company's EPS guidance on
November 8 2022, for the period ended December 31, was between
$0.21 and $0.23 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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
$43​, above​ its last closing price of $40.12. ​​​

The company's guidance on November 8 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD8.3 million and USD9.3 million.The company's guidance on
November 8 2022 for the period ended December 31 was for
Earnings before Interest, Taxes, Depreciation and Amortization
of between USD57 million and USD9.5 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  
 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. 31 2021  0.08        0.09       0.15      Beat    73.9
 ​​Sep.        0.11        0.10       0.18      Beat    73.5
 30 2021                                                
 Jun. 30 2021  0.02        0.02       0.16      Beat    799.9​
 Mar. 31 2021  -0.05       -0.05      0.04      Beat    185.7
 Dec. 31 2020  0.07        0.07       0.16      Beat    136.1
 This summary was machine generated February 3 at 21:02 GMT.  All
figures in US dollars  unless otherwise stated