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

Rimini Street

26/02/2024 21:56

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Las Vegas Nevada-based  company is expected to report
a
1.4% increase in revenue to $110.13 million from $108.62 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 11 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 $4.13​, above​ its last closing price of $3.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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
 ​​Sep.        0.11        0.12       0.09      Missed  -19.4
 30 2022                                                
 Jun. 30 2022  0.11        0.11       0.07      Missed  -37.4​
 Mar. 31 2022  0.05        0.06       0.10      Beat    81.8
 Dec. 31 2021  0.07        0.07       0.77      Beat    1,000
 This summary was machine generated February 26 at 21:55 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)