Rimini Street Inc expected to post earnings of 6  cents a share - Earnings Preview

Rimini Street

03/05/2022 03:03

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 4. 
    * The Las Vegas Nevada-based  company is expected to report 
a
8.8% increase in revenue to $95.637 million from $87.9 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 6 cents per share. For the same quarter last year,
the company reported a loss of 7 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 $8.25​, above​ its last closing price of $5.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.09        0.07       -0.10     Missed  -242.9
                                                        ​
 Mar. 31 2021  -0.04       -0.04      -0.07     Missed  -75
 ​​Dec.        -0.08       -0.08      -0.03     Beat    64
 31 2020                                                
 Sep. 30 2020  0.08        0.08       0.13      Beat    73.3​
 Jun. 30 2020  0.09        0.09       0.12      Beat    33.3
 Mar. 31 2020  0.05        0.05       0.11      Beat    120
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated