Phreesia Inc reports results for the quarter ended in July 31 - Earnings Summary

Phreesia

04/09/2024 22:01

* Phreesia Inc  PHR.N  reported a quarterly adjusted loss
of 31
cents​​ per share for the quarter ended July 31, higher than the
same quarter last year, when the company reported EPS of -34
cents.  The mean expectation of seventeen analysts for the
quarter was for a loss of 36 cents per share. Wall Street
expected results to range from -45 cents to -20 cents per share.
    * Revenue rose 19% to $102.12 million from a year ago;
analysts
expected $101.70 million. 
    * Phreesia Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The company reported a quarterly loss of $18.01 million.
    * Phreesia Inc shares had risen by 12.3% this quarter and
gained 2.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.8%
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 September 4 at
09:01 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
 Jul. 31 2024      -0.36          -0.31          Beat
 Apr. 30 2024      -0.48          -0.35          Beat
 Jan. 31 2024      -0.26          -0.21          Beat
 Oct. 31 2023      -0.36          -0.25          Beat