nCino Inc reports results for the quarter ended April 30 - Earnings Summary
nCino Inc reports results for the quarter ended April 30 - Earnings Summary
nCino Inc NCNO.OQ reported quarterly adjusted earnings of 35 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 16 cents to 31 cents per share.
Revenue rose 10.6% to $159.41 million from a year ago; analysts expected $154.75 million.
nCino Inc's reported EPS for the quarter was 12 cents.
The company reported quarterly net income of $13.64 million.
nCino Inc shares had risen by 1.7% this quarter and lost 40.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 20.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for nCino Inc is $23.50, about 35.2% above its last closing price of $15.23
This summary was machine generated from LSEG data May 27 at 09:45 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.27 | 0.35 | Beat |
Jan. 31 2026 | 0.21 | 0.19 | Missed |
Oct. 31 2025 | 0.20 | 0.31 | Beat |
Jul. 31 2025 | 0.14 | 0.22 | Beat |
Recent news on nCino
See all newsnCino, Inc. reports results for the quarter ended July 31 - Earnings Summary
nCino Q2 revenue beats estimates; authorizes $100 mln buyback
nCino Inc reports results for the quarter ended April 30 - Earnings Summary
nCino Q1 revenue beats analyst estimates as subscriptions increase
Brief: nCino Q1 Revenue USD 159.414 Million Vs. IBES Estimate USD 154.8 Million