SEMrush Holdings Inc reports results for the quarter ended in September - Earnings Summary

Semrush Holdings

01/11/2023 22:54

* SEMrush Holdings Inc  SEMR.N  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of -5 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from 2 cents to 3
cents per share.
    * Revenue rose 19.6% to $78.72 million from a year ago;
analysts
expected $78.73 million. 
    * SEMrush Holdings Inc's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $4.22
million.
    * SEMrush Holdings Inc shares had fallen by 4.9% this
quarter and
lost 0.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2% 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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for SEMrush
Holdings
Inc is $12.00 

This summary was machine generated from LSEG data November 1 at
10:54 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.02           0.06           Beat
 Jun. 30 2023      -0.01          0.02           Beat
 Mar. 31 2023      -0.05          -0.05          Met
 Dec. 31 2022      -0.08          -0.08          Met