SEMrush Holdings Inc expected to post earnings of 2  cents a share - Earnings Preview

Semrush Holdings

31/10/2023 24:57

* SEMrush Holdings Inc  SEMR.N   SEMR.K  is expected to show
a
rise in quarterly revenue when it reports  results on November
1. 
    * The Boston Massachusetts-based  company is expected to
report  a
19.7% increase in revenue to $78.735 million from $65.79 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$78.00 million and $79.00 million.
    * ​Refinitiv's mean analyst estimate for SEMrush Holdings
Inc is
for earnings of 2 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 $12​, above​ its last closing price of $8.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.02       -0.01      0.02      Beat    237.9
 Mar. 31 2023  -0.05       -0.05      -0.05     Met     -2
 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.        -0.06       -0.06      -0.04     Beat    36.9
 30 2022                                                
 Mar. 31 2022  -0.03       -0.03      -0.01     Beat    69.5​
 Dec. 31 2021  -0.04       -0.04      -0.02     Beat    52.4
 Sep. 30 2021  -0.03       -0.03      0.00      Beat    100
 This summary was machine generated October 31 at 00:57 GMT.  All
figures in US dollars  unless otherwise stated