SEMrush Holdings Inc expected to post a loss of 5 cents a share - Earnings Preview

Semrush Holdings

06/05/2023 03:08

* SEMrush Holdings Inc  SEMR.N   SEMR.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 8. 
    * The Boston Massachusetts-based  company is expected to
report  a
23.1% increase in revenue to $70.301 million from $57.13 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on March 13
2023, for the period ended March 31, was for revenue between
$70.30 million and $70.70 million.
    * ​Refinitiv's mean analyst estimate for SEMrush Holdings
Inc is
for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 SEMrush
Holdings
Inc is $11​, above​ its last closing price of $9.58. ​​​

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       -0.08      -0.08     Met     4.3
 Sep. 30 2022  -0.09       -0.09      -0.05     Beat    43.5
 Jun. 30 2022  -0.06       -0.06      -0.04     Beat    36.9​
 Mar. 31 2022  -0.03       -0.03      -0.01     Beat    69.5
 ​​Dec.        -0.04       -0.04      -0.02     Beat    52.4
 31 2021                                                
 Sep. 30 2021  -0.03       -0.03      0.00      Beat    100​
 Jun. 30 2021  -0.03       -0.03      0.00      Beat    106.1
 Mar. 31 2021  -0.04       -0.04      0.02      Beat    152.6
 This summary was machine generated May 6 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated