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

Rimini Street

30/10/2023 22:59

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Las Vegas Nevada-based  company is expected to report 
a
4.5% increase in revenue to $106.534 million from $101.93
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv'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 $3.75​, above​ its last closing price of $2.13. ​​​

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  0.09        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​
 Sep. 30 2022  0.11        0.12       0.09      Missed  -19.4
 ​​Jun.        0.11        0.11       0.07      Missed  -37.4
 30 2022                                                
 Mar. 31 2022  0.05        0.06       0.10      Beat    81.8​
 Dec. 31 2021  0.07        0.07       0.77      Beat    1,000
 Sep. 30 2021  0.11        0.11       -0.08     Missed  -172.7
 This summary was machine generated October 30 at 22:59 GMT.  All
figures in US dollars  unless otherwise stated