nCino Inc expected to post earnings of 7  cents a share - Earnings Preview

nCino

25/08/2023 21:17

* nCino Inc  NCNO.OQ   NCNO.O  is expected to show a rise in
quarterly revenue when it reports  results on August 29. 
    * The Wilmington North Carolina-based  company is expected
to
report  a 15.4% increase in revenue to $114.967 million from
$99.63 million a year ago, according to the mean estimate from
14 analysts, based on Refinitiv data. The company's guidance on
May 31 2023, for the period ended July 31, was for revenue
between $114.00 million and $115.50 million.
    * ​Refinitiv's mean analyst estimate for nCino Inc is for
earnings
of 7 cents per share. The company's EPS guidance on May 31 2023,
for the period ended July 31, was between $0.06 and $0.08 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"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
$32​, above​ its last closing price of $28.85. ​​​

The company's guidance on May 31 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD8
million and USD9.5 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  
 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. 31 2022  -0.08       -0.08      -0.04     Beat    48
 ​​Apr.        -0.08       -0.08      -0.06     Beat    22.2
 30 2022                                                
 Jan. 31 2022  -0.09       -0.09      -0.09     Met     2.5​
 Oct. 31 2021  -0.06       -0.06      -0.04     Beat    35.9
 Jul. 31 2021  -0.06       -0.06      -0.02     Beat    66
 This summary was machine generated August 25 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated