nCino Inc reports results for the quarter ended in April - Earnings Summary

nCino

31/05/2023 22:01

* nCino Inc  NCNO.OQ  reported quarterly adjusted earnings
of 7
cents​​ per share for the quarter ended in April. The mean
expectation of fourteen analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 20.7% to $113.67 million from a year ago;
analysts
expected $112.59 million. 
    * nCino Inc's reported EPS for the quarter was a loss of 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * nCino Inc shares had risen by 11.3% this quarter and
gained 4.3%
so far this year.
    * The company reported a quarterly loss of $11.24 million.
    * Wall Street's median 12-month price target for nCino Inc
is
$29.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
31 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.05           0.07           Beat
 Jan. 31 2023      -0.05          -0.09          Missed
 Oct. 31 2022      -0.02          -0.01          Beat
 Jul. 31 2022      -0.08          -0.04          Beat