nCino Inc expected to post earnings of 11 cents a share - Earnings Preview

nCino

27/11/2023 21:06

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results  for the period
ending July 31 2023
    * The Wilmington North Carolina-based  company is expected
to
report a 14.6% increase in revenue to $120.629 million from
$105.3 million a year ago, according to the mean estimate from
12 analysts, based on LSEG data.The company's guidance on August
29 2023, for the period ended October 31, was for revenue
between $120.00 million and $121.00 million.
    * ​LSEG's mean analyst estimate for nCino Inc is for
earnings of
11 cents per share. The company's EPS guidance on August 29
2023, for the period ended October 31, was between $0.10 and
$0.12 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and 1 "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
$35.00​, above​ its last closing price of $29.97. ​​​

The company's guidance on August 29 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD13 million and USD15 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.07        0.07       0.09      Beat    32.4
 Apr. 30 2023  0.05        0.05       0.07      Beat    30.7
 Jan. 31 2023  -0.04       -0.05      -0.09     Missed  -92.4​
 Oct. 31 2022  -0.02       -0.02      -0.01     Beat    56.1
 ​​Jul.        -0.08       -0.08      -0.04     Beat    48
 31 2022                                                
 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. 31 2021  -0.06       -0.06      -0.04     Beat    35.9
 This summary was machine generated November 27 at 21:06 GMT. 
All figures in US dollars unless otherwise stated