PowerSchool Holdings Inc reports results for the quarter ended in December - Earnings Summary

PowerSchool Holdings

27/02/2024 02:19

* PowerSchool Holdings Inc  PWSC.N  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 27 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 21 cents
per share. Wall Street expected results to range from 19 cents
to 24 cents per share.
    * Revenue rose 13.1% to $182.14 million from a year ago;
analysts
expected $183.44 million. 
    * PowerSchool Holdings Inc's reported EPS for the quarter
was a
loss of 9 cents​.
    * The company reported a quarterly loss of $15.62 million.
    * PowerSchool Holdings Inc shares had fallen by 1.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
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 12 "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 PowerSchool
Holdings Inc is $27.00 
This summary was machine generated from LSEG data February 27 at
02:18 a.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
 Dec. 31 2023      0.21           0.17           Missed
 Sep. 30 2023      0.20           0.24           Beat
 Jun. 30 2023      0.22           0.23           Beat
 Mar. 31 2023      0.19           0.18           Missed