SolarWinds Corp expected to post earnings of 17  cents a share - Earnings Preview

SolarWinds

01/08/2023 19:38

* SolarWinds Corp  SWI.N   SWI  is expected to show a rise
in
quarterly revenue when it reports  results on August 3. 
    * The Austin Texas-based  company is expected to report  a
1.7% increase in revenue to $179.019 million from $176.03
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
April 27 2023, for the period ended June 30, was for revenue
between $177.00 million and $182.00 million.
    * ​Refinitiv's mean analyst estimate for SolarWinds Corp is
for
earnings of 17 cents per share. The company's EPS guidance on
April 27 2023, for the period ended June 30, 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 $10.54. ​​​

The company's guidance on April 27 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD177 million and USD72.5 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  
 Mar. 31 2023  0.16        0.16       0.20      Beat    22
 Dec. 31 2023  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.        0.22        0.22       0.24      Beat    10.3
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.30      Beat    16​
 Sep. 30 2021  0.27        0.27       0.37      Beat    35
 Jun. 30 2021  0.43        0.43       0.44      Beat    2
 This summary was machine generated August 1 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated