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

nCino

29/08/2023 22:01

* nCino Inc  NCNO.OQ  reported quarterly adjusted earnings
of 9
cents​​ per share for the quarter ended in July. The mean
expectation of fourteen analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue rose 17.7% to $117.24 million from a year ago;
analysts
expected $114.97 million. 
    * nCino Inc's reported EPS for the quarter was a loss of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.4%
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 fallen by 3.9% this quarter and
gained 9.5%
so far this year.
    * The company reported a quarterly loss of $15.88 million.
    * Wall Street's median 12-month price target for nCino Inc
is
$32.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 29 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.07           0.09           Beat
 Apr. 30 2023      0.05           0.07           Beat
 Jan. 31 2023      -0.05          -0.09          Missed
 Oct. 31 2022      -0.02          -0.01          Beat