Model N Inc expected to post earnings of 8  cents a share - Earnings Preview

Model N

07/05/2022 03:08

* Model N Inc  MODN.N   MODN.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The San Mateo California-based  company is expected to
report  a
6.3% increase in revenue to $51.204 million from $48.19 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 8 cents per share. For the same quarter last year,
the company reported earnings of 4 cents per share.
    * 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
$39​, above​ its last closing price of $23.69. ​​​
    * 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 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​
 Mar. 31 2021  -0.05       -0.05      0.04      Beat    185.7
 ​​Dec.        0.07        0.07       0.16      Beat    136.1
 31 2020                                                
 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. 31 2020  0.02        0.02       0.07      Beat    204.3
 This summary was machine generated May 7 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated