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

PowerSchool Holdings

09/08/2024 22:30

* PowerSchool Holdings Inc  PWSC.N  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in
January, identical to the same quarter last year.  The mean
expectation of ten analysts for the quarter was for earnings of
24 cents per share. Wall Street expected results to range from
22 cents to 25 cents per share.
    * Revenue rose 10.2% to $191.59 million from a year ago;
analysts
expected $195.27 million. 
    * PowerSchool Holdings Inc's reported EPS for the quarter
was a
loss of 12 cents​.
    * The company reported a quarterly loss of $24.92 million.
    * PowerSchool Holdings Inc shares had risen by 0.8% this
quarter and lost 4.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for PowerSchool
Holdings Inc is $23.00 
This summary was machine generated from LSEG data August 9 at
09:29 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
 Jun. 30 2024      0.24           0.23           Missed
 Mar. 31 2024      0.21           0.17           Missed
 Dec. 31 2023      0.21           0.17           Missed
 Sep. 30 2023      0.20           0.24           Beat