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

ON24

08/11/2022 03:12

* ON24 Inc  ONTF.N   ONTF.K  is expected to show a fall in
quarterly revenue when it reports  results on November 9. 
    * The San Francisco California-based  company is expected to
report  a 3.9% decrease in revenue to $47.412 million from
$49.36 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 9 2022, for the period ended September 30, was for
revenue between $47.00 million and $48.00 million.
    * ​Refinitiv's mean analyst estimate for ON24 Inc is for a
loss
of 16 cents per share. The company's EPS guidance on August 9
2022, for the period ended September 30, was between USD-0.17
and USD-0.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"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
$12.5​, above​ its last closing price of $7.45. ​​​

The company's guidance on August 9 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD-8 million and USD-7 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.16       -0.16      -0.14     Beat    13.4
 Mar. 31 2022  -0.16       -0.16      -0.13     Beat    17
 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.        0.00        0.00       0.04      Beat    2,697.
 30 2021                                                2
 Mar. 31 2021  0.01        0.01       0.05      Beat    640.7​
 Dec. 31 2020  0.53        0.53       0.57      Beat    7.3
 This summary was machine generated November 8 at 03:11 GMT.  All
figures in US dollars  unless otherwise stated