SolarWinds Corp expected to post earnings of 16  cents a share - Earnings Preview

SolarWinds

25/04/2023 13:50

* SolarWinds Corp  SWI.N   SWI  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The Austin Texas-based  company is expected to report  a
1.7% increase in revenue to $179.928 million from $176.87
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 9 2023, for the period ended March 31, was for revenue
between $177.00 million and $182.00 million.
    * ​Refinitiv's mean analyst estimate for SolarWinds Corp is
for
earnings of 16 cents per share. The company's EPS guidance on
February 9 2023, for the period ended March 31, was between
$0.15 and $0.17 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "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 SolarWinds
Corp
is $11​, above​ its last closing price of $8.44. ​​​

The company's guidance on February 9 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD177 million and USD70 million.
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  0.20        0.21       0.19      Missed  -7.3
 Sep. 30 2022  0.20        0.20       0.20      Met     0.7
 Jun. 30 2022  0.20        0.20       0.21      Beat    5.8​
 Mar. 31 2022  0.22        0.22       0.24      Beat    10.3
 ​​Dec.        0.26        0.26       0.30      Beat    16
 31 2021                                                
 Sep. 30 2021  0.27        0.27       0.37      Beat    35​
 Jun. 30 2021  0.43        0.43       0.44      Beat    2
 Mar. 31 2021  0.41        0.39       0.46      Beat    16.7
 This summary was machine generated April 25 at 12:50 GMT.  All
figures in US dollars  unless otherwise stated