nCino Inc expected to post earnings of 13 cents a share - Earnings Preview

nCino

23/08/2024 21:11

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on August 27 for the
period ending July 31 2024
    * The Wilmington North Carolina-based  company is expected
to
report a 11.8% increase in revenue to $131.042 million from
$117.24 million a year ago, according to the mean estimate from
15 analysts, based on LSEG data.The company's guidance on May 29
2024, for the period ended July 31, was for revenue between
$130.50 million and $131.50 million.
    * ​LSEG's mean analyst estimate for nCino Inc is for
earnings of
13 cents per share. The company's EPS guidance on May 29 2024,
for the period ended July 31, was between $0.12 and $0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"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
$38.00​, above​ its last closing price of $34.25. ​​​

The company's guidance on May 29 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD17
million and USD18.5 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  
 Apr. 30 2024  0.13        0.14       0.19      Beat    40.6
 Jan. 31 2024  0.12        0.12       0.21      Beat    77.3
 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.        0.05        0.05       0.07      Beat    30.7
 30 2023                                                
 Jan. 31 2023  -0.04       -0.05      0.04      Beat    185.5​
 Oct. 31 2022  -0.02       -0.02      -0.01     Beat    56.1
 Jul. 31 2022  -0.08       -0.08      -0.04     Beat    48
 This summary was machine generated August 23 at 20:11 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)