Rimini Street Inc expected to post earnings of 10 cents a share - Earnings Preview

Rimini Street

25/02/2025 21:11

Rimini Street Inc RMNI.OQ RMNI.O is expected to show a fall in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Las Vegas Nevada-based  company is expected to report a 8.6% decrease in revenue to $102.508 million from $112.11 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Rimini Street Inc is for earnings of 10 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "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 Rimini Street Inc is $4.00​, above​ its last closing price of $3.18. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.06
0.06
0.22
Beat
288.2
Jun. 30 2024
0.10
0.09
0.07
Missed
-25
Mar. 31 2024
0.11
0.10
0.08
Missed
-22.6​
Dec. 31 2023
0.12
0.11
0.19
Beat
67.7
​​Sep. 30 2023
0.09
0.10
0.13
Beat
34.5
Jun. 30 2023
0.09
0.11
0.10
Missed
-6.3​
Mar. 31 2023
0.08
0.08
0.12
Beat
44
Dec. 31 2022
0.09
0.09
0.17
Beat
88.9

This summary was machine generated February 25 at 21:11 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)