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

nCino

31/05/2023 11:19

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on May 31. 
    * The Wilmington North Carolina-based  company is expected
to
report  a 19.5% increase in revenue to $112.59 million from
$94.21 million a year ago, according to the mean estimate from
13 analysts, based on Refinitiv data. The company's guidance on
March 28 2023, for the period ended April 30, was for revenue
between $111.50 million and $113.50 million.
    * ​Refinitiv's mean analyst estimate for nCino Inc is for
earnings
of 5 cents per share. The company's EPS guidance on March 28
2023, for the period ended April 30, was between $0.04 and
$0.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for nCino Inc
is
$29​, above​ its last closing price of $27.57. ​​​

The company's guidance on March 28 2023 for the period ended
April 30 was for Earnings before Interest and Taxes between USD7
million and USD9 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  
 Jan. 31 2023  -0.04       -0.05      -0.09     Missed  -92.4
 Oct. 31 2023  -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.        -0.09       -0.09      -0.09     Met     2.5
 31 2022                                                
 Oct. 31 2021  -0.06       -0.06      -0.04     Beat    35.9​
 Jul. 31 2021  -0.06       -0.06      -0.02     Beat    66
 Apr. 30 2021  -0.05       -0.05      -0.04     Beat    18.7
 This summary was machine generated May 31 at 10:18 GMT.  All
figures in US dollars  unless otherwise stated