Rimini Street Inc expected to post earnings of 8  cents a share - Earnings Preview

Rimini Street

02/05/2023 03:08

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 3. 
    * The Las Vegas Nevada-based  company is expected to report 
a
4.5% increase in revenue to $102.345 million from $97.91 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 8 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 $3.70. ​​​

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 2022  0.09        0.09       0.17      Beat    88.9
 Sep. 30 2022  0.11        0.12       0.09      Missed  -19.4
 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.        0.07        0.07       0.77      Beat    1,000
 31 2021                                                
 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
 This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated