Phreesia Inc reports results for the quarter ended in January - Earnings Summary

Phreesia

14/03/2024 21:01

* Phreesia Inc  PHR.N  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of -43
cents.  The mean expectation of seventeen analysts for the
quarter was for a loss of 26 cents per share. Wall Street
expected results to range from -29 cents to -24 cents per share.
    * Revenue rose 24.1% to $95.01 million from a year ago;
analysts
expected $93.53 million. 
    * Phreesia Inc's reported EPS for the quarter was a loss
of 56
cents​.
    * The company reported a quarterly loss of $30.65 million.
    * Phreesia Inc shares had risen by 0.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
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 16 "strong buy" or "buy," 1
"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 Phreesia Inc is
$29.00 
This summary was machine generated from LSEG data March 14 at
09:00 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
 Jan. 31 2024      -0.26          -0.21          Beat
 Oct. 31 2023      -0.36          -0.25          Beat
 Jul. 31 2023      -0.42          -0.34          Beat
 Apr. 30 2023      -0.46          -0.38          Beat