ON24 Inc expected to post a loss of 9  cents a share - Earnings Preview

ON24

25/02/2022 21:56

* ON24 Inc  ONTF.N   ONTF.K  is expected to show a fall in
quarterly revenue when it reports  results on February 28. 
    * The San Francisco California-based  company is expected to
report  a 3.0% decrease in revenue to $51.662 million from
$53.29 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 9 cents per share. For the same quarter last year, the
company reported earnings of 57 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$24.5​, about 37.3% above​ its last closing price of $15.35. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.53        0.53       0.57      Beat    7.3
 ​​                                                     
                                                        ​
 This summary was machine generated February 25 at 21:56 GMT. 
All figures in US dollars  unless otherwise stated