SolarWinds Corp expected to post earnings of 18  cents a share - Earnings Preview

SolarWinds

31/10/2023 18:49

* SolarWinds Corp  SWI.N   SWI  is expected to show a rise
in
quarterly revenue when it reports  results on November 2. 
    * The Austin Texas-based  company is expected to report  a
2.4% increase in revenue to $183.698 million from $179.4 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$182.00 million and $186.00 million.
    * ​Refinitiv's mean analyst estimate for SolarWinds Corp is
for
earnings of 18 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.17 and $0.19 
    * 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 $12.25​, above​ its last closing price of $9.31. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD182 million and
USD76.5 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  
 Jun. 30 2023  0.17        0.17       0.21      Beat    26.1
 Mar. 31 2023  0.16        0.16       0.20      Beat    22
 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.        0.20        0.20       0.21      Beat    5.8
 30 2022                                                
 Mar. 31 2022  0.22        0.22       0.24      Beat    10.3​
 Dec. 31 2021  0.26        0.26       0.30      Beat    16
 Sep. 30 2021  0.27        0.27       0.37      Beat    35
 This summary was machine generated October 31 at 18:48 GMT.  All
figures in US dollars  unless otherwise stated