Rimini Street Inc expected to post earnings of 12cents a share - Earnings Preview

Rimini Street

31/10/2022 22:32

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
rise
in quarterly revenue when it reports  results on November 2. 
    * The Las Vegas Nevada-based  company is expected to report 
a
6.6% increase in revenue to $101.944 million from $95.64 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 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $7.5​, above​ its last closing price of $5.61. ​​​

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 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​
 Sep. 30 2021  0.11        0.11       -0.08     Missed  -172.7
 ​​Jun.        0.09        0.07       -0.10     Missed  -242.9
 30 2021                                                
 Mar. 31 2021  -0.04       -0.04      -0.07     Missed  -75​
 Dec. 31 2020  -0.08       -0.08      -0.03     Beat    64
 Sep. 30 2020  0.08        0.08       0.13      Beat    73.3
 This summary was machine generated October 31 at 22:32 GMT.  All
figures in US dollars  unless otherwise stated