Model N Inc expected to post earnings of 9  cents a share - Earnings Preview

Model N

05/02/2022 01:11

* Model N Inc  MODN.N   MODN.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 8. 
    * The San Mateo California-based  company is expected to
report  a
17.2% increase in revenue to $50.104 million from $42.73 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Model N Inc is for
earnings of 9 cents per share. For the same quarter last year,
the company reported earnings of 16 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
$45​, about 42.5% above​ its last closing price of $25.89. ​​​
    * 

This summary was machine generated February 5 at 01:11 GMT.  All
figures in US dollars  unless otherwise stated