Skillsoft Corp expected to post a loss of $2.99 a share - Earnings Preview

Skillsoft

06/12/2024 21:07

* Skillsoft Corp  SKIL.N   SKIL.K  is expected to show a
fall in
quarterly revenue when it reports  results on December 10 for
the period ending October 31 2024
    * The New York City-based  company is expected to report a
6.4% decrease in revenue to $130.003 million from $138.96
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Skillsoft Corp is for a
loss
of $2.99 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Skillsoft
Corp is
$50.00​, above​ its last closing price of $14.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2024  -2.84       -2.88      -4.84     Missed  -68.1
 Apr. 30 2024  -3.55       -2.80      -3.37     Missed  -20.5
 Jan. 31 2024  -3.81       -3.27      -3.09     Beat    5.6​
 Oct. 31 2023  -4.21       -4.37      -2.82     Beat    35.5
 ​​Jul.        -4.36       -3.80      -4.00     Missed  -5.3
 31 2023                                                
 Apr. 30 2023  -3.83       -3.67      -5.40     Missed  -47.3​
 Jan. 31 2023              -4.50      -6.60     Missed  -46.7
 Oct. 31 2022  -6.22       -6.13      -10.60    Missed  -72.8
 This summary was machine generated December 6 at 21:07 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)