nCino Inc expected to post earnings of 14 cents a share - Earnings Preview

nCino

27/05/2024 21:33

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on May 29 for the
period ending April 30 2024
    * The Wilmington North Carolina-based  company is expected
to
report a 11.4% increase in revenue to $126.65 million from
$113.67 million a year ago, according to the mean estimate from
13 analysts, based on LSEG data.The company's guidance on March
26 2024, for the period ended April 30, was for revenue between
$126.00 million and $127.00 million.
    * ​LSEG's mean analyst estimate for nCino Inc is for
earnings of
14 cents per share. The company's EPS guidance on March 26 2024,
for the period ended April 30, was between $0.13 and $0.14 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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
$37.50​, above​ its last closing price of $30.66. ​​​

The company's guidance on March 26 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD18 million and USD19 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  
 Jan. 31 2024  0.12        0.12       0.21      Beat    77.3
 Oct. 31 2024  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.        -0.04       -0.05      0.04      Beat    185.5
 31 2023                                                
 Jan. 1 0001   -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
 This summary was machine generated May 27 at 20:33 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)