Rapid7 Inc expected to post earnings of 42  cents a share - Earnings Preview

Rapid7

31/10/2023 02:06

* Rapid7 Inc  RPD.OQ   RPD.O  is expected to show a rise in
quarterly revenue when it reports  results 
    * The Boston Massachusetts-based  company is expected to
report  a
12.1% increase in revenue to $197.062 million from $175.77
million a year ago, according to the mean estimate from 18
analysts, based on Refinitiv data. The company's guidance on
August 8 2023, for the period ended September 30, was for
revenue between $196.00 million and $198.00 million.
    * ​Refinitiv's mean analyst estimate for Rapid7 Inc is for
earnings of 42 cents per share. The company's EPS guidance on
August 8 2023, for the period ended September 30, was between
$0.41 and $0.44 
    * 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
$52​, above​ its last closing price of $45.27. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD29 million and USD31 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  
 Jun. 30 2023  0.11        0.11       0.18      Beat    65.1
 Mar. 31 2023  0.09        0.09       0.16      Beat    87.1
 Dec. 31 2022  0.18        0.18       0.35      Beat    95.2​
 Sep. 30 2022  0.06        0.06       0.14      Beat    143.9
 ​​Jun.        -0.02       -0.03      -0.01     Beat    66
 30 2022                                                
 Mar. 31 2022  -0.15       -0.15      -0.16     Missed  -8.3​
 Dec. 31 2021  -0.17       -0.17      -0.16     Beat    3.2
 Sep. 30 2021  -0.07       -0.07      0.06      Beat    190
 This summary was machine generated October 31 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated