Rapid7 Inc expected to post earnings of 11  cents a share - Earnings Preview

Rapid7

05/08/2023 03:10

* Rapid7 Inc  RPD.OQ   RPD.O  is expected to show a rise in
quarterly revenue when it reports  results on August 8. 
    * The Boston Massachusetts-based  company is expected to
report  a
12.3% increase in revenue to $188.098 million from $167.46
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$187.00 million and $189.00 million.
    * ​Refinitiv's mean analyst estimate for Rapid7 Inc is for
earnings of 11 cents per share. The company's EPS guidance on
May 9 2023, for the period ended June 30, was between $0.09 and
$0.12 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 15
"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 Rapid7 Inc
is
$50​, above​ its last closing price of $42.86. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD7
million and USD9 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.09        0.09       0.16      Beat    87.1
 Dec. 31 2023  0.18        0.18       0.35      Beat    95.2
 Sep. 30 2022  0.06        0.06       0.14      Beat    143.9​
 Jun. 30 2022  -0.02       -0.03      -0.01     Beat    66
 ​​Mar.        -0.15       -0.15      -0.16     Missed  -8.3
 31 2022                                                
 Dec. 31 2021  -0.17       -0.17      -0.16     Beat    3.2​
 Sep. 30 2021  -0.07       -0.07      0.06      Beat    190
 Jun. 30 2021  0.03        0.03       0.07      Beat    165.9
 This summary was machine generated August 5 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated