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

Q2 Holdings

03/08/2023 01:52

* Q2 Holdings Inc  QTWO.N  reported quarterly adjusted
earnings of
19 cents​​ per share for the quarter ended in June. The mean
expectation of fifteen analysts for the quarter was for earnings
of 13 cents per share.
    * Revenue rose 10.1% to $154.61 million from a year ago;
analysts
expected $154.24 million. 
    * Q2 Holdings Inc's reported EPS for the quarter was a loss
of 41
cents​.
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Q2 Holdings Inc shares had risen by 15.9% this quarter and
gained 33.3% so far this year.
    * The company reported a quarterly loss of $23.62 million.
    * Wall Street's median 12-month price target for Q2 Holdings
Inc
is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 12:52 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.19           Beat
 Mar. 31 2023      0.07           0.19           Beat
 Dec. 31 2022      0.12           0.06           Missed
 Sep. 30 2022      0.04           0.10           Beat