Skillsoft Corp reports results for the quarter ended October 31 - Earnings Summary

Skillsoft

10/12/2024 22:01

* Skillsoft Corp  SKIL.N  reported a quarterly adjusted loss
of
$2.86​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of
$-2.82.  The mean expectation of three analysts for the quarter
was for a loss of $2.99 per share. Wall Street expected
results to range from $-3.45 to $-2.54 per share.
    * Revenue fell 1.2% to $137.23 million from a year ago;
analysts
expected $130.00 million. 
    * Skillsoft Corp's reported EPS for the quarter was a loss
of
$2.86​.
    * The company reported a quarterly loss of $23.6 million.
    * Skillsoft Corp shares had fallen by 6.4% this quarter and
lost 17.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the professional
&
business education peer group is also "buy"

Wall Street's median 12-month price target for Skillsoft Corp is
$50.00 
This summary was machine generated from LSEG data December 10 at
10:01 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      -2.99          -2.86          Beat
 Jul. 31 2024      -2.88          -4.84          Missed
 Apr. 30 2024      -2.80          -3.37          Missed
 Jan. 31 2024      -3.27          -3.09          Beat