nCino Inc expected to post a loss of 5 cents a share - Earnings Preview

nCino

24/03/2023 21:05

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on March 28. 
    * The Wilmington North Carolina-based  company is expected
to
report  a 39.5% increase in revenue to $104.581 million from
$74.96 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. The company's guidance on
November 30 2022, for the period ended January 31, was for
revenue between $104.00 million and $105.00 million.
    * ​Refinitiv's mean analyst estimate for nCino Inc is for a
loss
of 5 cents per share. The company's EPS guidance on November 30
2022, for the period ended January 31, was between $-0.05 and
$-0.04 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 4
"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 nCino Inc
is
$32.5​, above​ its last closing price of $22.10. ​​​

The company's guidance on November 30 2022 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD-4 million and USD-3 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  
 Oct. 31 2022  -0.02       -0.02      -0.01     Beat    56.1
 Jul. 31 2022  -0.08       -0.08      -0.04     Beat    48
 Apr. 30 2022  -0.08       -0.08      -0.06     Beat    22.2​
 Jan. 31 2022  -0.09       -0.09      -0.09     Met     2.5
 ​​Oct.        -0.06       -0.06      -0.04     Beat    35.9
 31 2021                                                
 Jul. 31 2021  -0.06       -0.06      -0.02     Beat    66​
 Apr. 30 2021  -0.05       -0.05      -0.04     Beat    18.7
 Jan. 31 2021  -0.09       -0.09      -0.06     Beat    31.7
 This summary was machine generated March 24 at 21:05 GMT.  All
figures in US dollars  unless otherwise stated