Preview: nCino stock rises ahead of earnings

nCino

01/04/2025 19:07

** nCino's NCNO.O shares advancing 1.5% ahead of qtrly results after the bell, with analysts expecting continued strong rev growth from the banking software platform

** Analysts forecast qtrly rev up 14% to $140.8 mln, per LSEG, in line with rev growth in prev qtr; adjusted EPS seen at $0.19 vs $0.21 yr-ago

** NCNO stock has declined about 17% year to date, compared to a 10% fall in the Nasdaq .IXIC

** The stock is about 35% below its 52-week intraday high of $43.2 reached on Nov. 11, 2024

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))