Rimini Street Inc expected to post earnings of 9 cents a share - Earnings Preview

Rimini Street

29/07/2024 22:54

* Rimini Street Inc  RMNI.OQ   RMNI.O  is expected to show a
fall
in quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
0.9% decrease in revenue to $105.436 million from $106.42
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 9 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 $3.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.11        0.10       0.08      Missed  -22.6
 Dec. 31 2024  0.12        0.11       0.19      Beat    67.7
 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.        0.08        0.08       0.12      Beat    44
 31 2023                                                
 Dec. 31 2022  0.09        0.09       0.17      Beat    88.9​
 Jan. 1 0001   0.11        0.12       0.09      Missed  -19.4
 Jun. 30 2022  0.11        0.11       0.07      Missed  -37.4
 This summary was machine generated July 29 at 21:53 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)