Q2 Holdings Inc reports results for the quarter ended in December - Earnings Summary

Q2 Holdings

21/02/2023 23:25

* Q2 Holdings Inc  QTWO.N  reported quarterly adjusted
earnings of
6 cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue rose 10.8% to $146.67 million from a year ago;
analysts
expected $149.40 million. 
    * Q2 Holdings Inc's reported EPS for the quarter was a loss
of 56
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Q2 Holdings Inc shares had risen by 23.9% this quarter.
    * The company reported a quarterly loss of $32.41 million.
    * Wall Street's median 12-month price target for Q2 Holdings
Inc
is $35.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 11:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.12           0.06           Missed
 Sep. 30 2022      0.04           0.10           Beat
 Jun. 30 2022      0.05           0.07           Beat
 Mar. 31 2022      0.06           0.03           Missed