Penguin Solutions Inc expected to post earnings of 39 cents a share - Earnings Preview
06/01/2025 21:03
* Penguin Solutions Inc PENG.OQ PENG.O is expected
to show a
rise in quarterly revenue when it reports results on January 8
for the period ending November 30 2024
* The Newark California California-based company is
expected to
report a 17.0% increase in revenue to $320.746 million from
$274.25 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Penguin Solutions Inc is
for
earnings of 39 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 Penguin
Solutions
Inc is $24.50, above its last closing price of $19.21.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Aug. 31 2024 0.40 0.40 0.37 Missed -7.6
May. 31 2024 0.30 0.30 0.37 Beat 22
Feb. 29 2024 0.25 0.25 0.27 Beat 6.3
Nov. 30 2023 0.16 0.16 0.24 Beat 52.1
Aug. 0.45 0.45 0.35 Missed -22.9
31 2023
May. 31 2023 0.40 0.40 0.66 Beat 63.8
Feb. 28 2023 0.60 0.60 0.76 Beat 27.2
Nov. 30 2022 0.57 0.57 0.79 Beat 38.3
This summary was machine generated January 6 at 21:02 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)