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

PowerSchool Holdings

05/05/2023 19:53

* PowerSchool Holdings Inc  PWSC.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in March.
The mean expectation of thirteen analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue rose 6.6% to $159.45 million from a year ago;
analysts
expected $159.34 million. 
    * PowerSchool Holdings Inc's reported EPS for the quarter
was a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * PowerSchool Holdings Inc shares had fallen by 1.6% this
quarter and lost 15.5% so far this year.
    * The company reported a quarterly loss of $11.85 million.
    * Wall Street's median 12-month price target for PowerSchool
Holdings Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 06:53 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.19           0.18           Missed
 Dec. 31 2022      0.20           0.27           Beat
 Sep. 30 2022      0.21           0.21           Met
 Jun. 30 2022      0.19           0.22           Beat