ON24 Inc expected to post earnings of 2 cents a share - Earnings Preview

ON24

21/02/2025 21:12

* ON24 Inc  ONTF.N   ONTF.K  is expected to show a fall in
quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The San Francisco California-based  company is expected to
report a 8.8% decrease in revenue to $35.871 million from $39.34
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
7 2024, for the period ended December 31, was for revenue
between 35.40 million and 36.40 million.
    * ​LSEG's mean analyst estimate for ON24 Inc is for earnings
of 2
cents per share. The company's EPS guidance on November 7 2024,
for the period ended December 31, was between 0.01 and 0.02 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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
$7.00​, above​ its last closing price of $6.35. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
-1.3 million and -300 thousand.The company's guidance on
November 7 2024 for the period ended December 31 was for gross
profit margin between 75% and 78%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.00        0.00       0.02      Beat    8,100
 Jun. 30 2024  0.01        0.01       0.03      Beat    190.4
 Mar. 31 2024  -0.01       -0.01      0.02      Beat    300​
 Dec. 31 2023  0.02        0.02       0.06      Beat    300
 ​​Sep.        0.00        0.00       0.03      Beat    17,547
 30 2023                                                .1
 Jun. 30 2023  0.00        0.00       0.04      Beat    2,447.
                                                        8​
 Mar. 31 2023  -0.07       -0.07      -0.04     Beat    42.4
 Dec. 31 2022  -0.09       -0.09      -0.04     Beat    53.6
 This summary was machine generated February 21 at 21:12 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)