PagerDuty Inc reports results for the quarter ended in April - Earnings Summary

PagerDuty

30/05/2024 22:02

* PagerDuty Inc  PD.N  reported quarterly adjusted earnings
of 17
cents​​ per share for the quarter ended in April, lower than the
same quarter last year, when the company reported EPS of 21
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 13 cents per share. Wall Street expected
results to range from 11 cents to 15 cents per share.
    * Revenue rose 7.7% to $111.17 million from a year ago;
analysts
expected $111.45 million. 
    * PagerDuty Inc's reported EPS for the quarter was a loss
of 26
cents​.
    * The company reported a quarterly loss of $24.06 million.
    * PagerDuty Inc shares had fallen by 14.3% this quarter and
lost 16.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for PagerDuty Inc is
$27.00 
This summary was machine generated from LSEG data May 30 at
09:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      0.13           0.17           Beat
 Jan. 31 2024      0.15           0.17           Beat
 Oct. 31 2023      0.14           0.21           Beat
 Jul. 31 2023      0.10           0.19           Beat