Q2 Holdings Inc expected to post earnings of 25 cents a share - Earnings Preview
19/02/2024 23:10
* Q2 Holdings Inc QTWO.N QTWO.K is expected to show a
rise in
quarterly revenue when it reports results on February 21 for
the period ending December 31 2023
* The Austin Texas-based company is expected to report a
10.1% increase in revenue to $161.483 million from $146.67
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between $160.30 million and $163.30 million.
* LSEG's mean analyst estimate for Q2 Holdings Inc is for
earnings of 25 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Q2 Holdings
Inc
is $41.50, below its last closing price of $42.52.
The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD160.3 million and
USD23.2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.19 0.19 0.22 Beat 14.5
Jun. 30 2023 0.13 0.13 0.19 Beat 46.3
Mar. 31 2023 0.08 0.07 0.19 Beat 158.9
Dec. 31 2022 0.11 0.12 0.06 Missed -48.9
Sep. 0.04 0.04 0.10 Beat 178.4
30 2022
Jun. 30 2022 0.05 0.05 0.07 Beat 33.6
Mar. 31 2022 0.06 0.06 0.03 Missed -49.6
Dec. 31 2021 0.05 0.05 0.10 Beat 85.2
This summary was machine generated February 19 at 23:10 GMT.
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)