nCino Inc expected to post earnings of 12 cents a share - Earnings Preview

nCino

22/03/2024 20:20

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on March 26 for the
period ending January 31 2024
    * The Wilmington North Carolina-based  company is expected
to
report a 14.1% increase in revenue to $124.622 million from
$109.18 million a year ago, according to the mean estimate from
13 analysts, based on LSEG data.The company's guidance on
November 29 2023, for the period ended January 31, was for
revenue between $123.50 million and $125.50 million.
    * ​LSEG's mean analyst estimate for nCino Inc is for
earnings of
12 cents per share. The company's EPS guidance on November 29
2023, for the period ended January 31, was between $0.11 and
$0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 8
"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
$36.00​, above​ its last closing price of $30.39. ​​​

The company's guidance on November 29 2023 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD15 million and USD16 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  
 Oct. 31 2023  0.11        0.11       0.14      Beat    26.7
 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.        -0.02       -0.02      -0.01     Beat    56.1
 31 2022                                                
 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
 This summary was machine generated March 22 at 20:20 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)