Rubrik Inc reports results for the quarter ended October 31 - Earnings Summary

Rubrik

05/12/2024 22:01

* Rubrik Inc  RBRK.N  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended October 31.  The mean
expectation of sixteen analysts for the quarter was for a loss
of 40 cents per share. Wall Street expected results to range
from -41 cents to -39 cents per share.
    * Revenue was $236.18 million​; analysts expected $217.52
million. 
    * Rubrik Inc's reported EPS for the quarter was a loss of 71
cents​.
    * The company reported a quarterly loss of $130.91 million.
    * Rubrik Inc shares had risen by 63.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Rubrik Inc is
$48.00 
This summary was machine generated from LSEG data December 5 at
10:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      -0.40          -0.21          Beat
 Jul. 31 2024      -0.49          -0.40          Beat
 Apr. 30 2024      -1.84          -1.58          Beat