ON24 Inc expected to post a loss of 16  cents a share - Earnings Preview

ON24

07/05/2022 03:11

* ON24 Inc  ONTF.N   ONTF.K  is expected to show a fall in
quarterly revenue when it reports  results on May 10. 
    * The San Francisco California-based  company is expected to
report  a 4.7% decrease in revenue to $47.757 million from $50.1
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ON24 Inc is for a
loss
of 16 cents per share. For the same quarter last year, the
company reported earnings of 5 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 ON24 Inc is
$18​,
above​ its last closing price of $12.01. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.09       -0.09      -0.03     Beat    66.8
 Sep. 30 2021  -0.08       -0.08      -0.03     Beat    63.9
 Jun. 30 2021  0.00        0.00       0.04      Beat    2,697.
                                                        2​
 Mar. 31 2021  0.01        0.01       0.05      Beat    640.7
 ​​Dec.        0.53        0.53       0.57      Beat    7.3
 31 2020                                                
                                                        ​
 This summary was machine generated May 7 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated