Model N Inc expected to post earnings of 24  cents a share - Earnings Preview

Model N

05/08/2023 03:07

* Model N Inc  MODN.N   MODN.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 8. 
    * The San Mateo California-based  company is expected to
report  a
10.5% increase in revenue to $62.089 million from $56.17 million
a year ago, according to the mean estimate from 11 analysts,
based on Refinitiv data. The company's guidance on May 9 2023,
for the period ended June 30, was for revenue between $61.50
million and $62.50 million.
    * ​Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 24 cents per share. The company's EPS guidance on
May 9 2023, for the period ended June 30, was between $0.23 and
$0.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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
$43.5​, above​ its last closing price of $32.72. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD9.2
million and USD10.2 million.The company's guidance on May 9 2023
for the period ended June 30 was for Earnings before Interest,
Taxes, Depreciation and Amortization of between USD61.5 million
and USD10.5 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  
 Mar. 31 2023  0.17        0.17       0.22      Beat    29.6
 Dec. 31 2023  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.        0.09        0.08       0.14      Beat    71.9
 31 2022                                                
 Dec. 31 2021  0.08        0.09       0.15      Beat    73.9​
 Sep. 30 2021  0.11        0.10       0.18      Beat    73.5
 Jun. 30 2021  0.02        0.02       0.16      Beat    799.9
 This summary was machine generated August 5 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated