SolarWinds Corp expected to post earnings of 21cents a share - Earnings Preview

SolarWinds

07/02/2023 19:32

* SolarWinds Corp  SWI.N   SWI  is expected to show a fall
in
quarterly revenue when it reports  results on February 9. 
    * The Austin Texas-based  company is expected to report  a
3.5% decrease in revenue to $180.193 million from $186.72
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $178.00 million and $183.00 million.
    * ​Refinitiv's mean analyst estimate for SolarWinds Corp is
for
earnings of 21 cents per share. The company's EPS guidance on
November 3 2022, for the period ended December 31, was between
$0.23 and $0.25 
    * 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 $10.25​, below​ its last closing price of $10.49. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD178 million and
USD71.37 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  
 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. 31 2021  0.26        0.26       0.30      Beat    16
 ​​Sep.        0.27        0.27       0.37      Beat    35
 30 2021                                                
 Jun. 30 2021  0.43        0.43       0.44      Beat    2​
 Mar. 31 2021  0.41        0.39       0.46      Beat    16.7
 Dec. 31 2020  0.47        0.49       0.52      Beat    5.7
 This summary was machine generated February 7 at 19:31 GMT.  All
figures in US dollars  unless otherwise stated