SolarWinds Corp expected to post earnings of 22  cents a share - Earnings Preview

SolarWinds

03/05/2022 19:33

* SolarWinds Corp  SWI.N   SWI  is expected to show a fall
in
quarterly revenue when it reports  results on May 5. 
    * The Austin Texas-based  company is expected to report  a
32.0% decrease in revenue to $174.624 million from $256.98
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SolarWinds Corp is
for
earnings of 22 cents per share. For the same quarter last year,
the company reported earnings of 46 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 $16​, above​ its last closing price of $12.57. ​​​
    * 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 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​
 Mar. 31 2021  0.41        0.39       0.46      Beat    16.7
 ​​Dec.        0.47        0.49       0.52      Beat    5.7
 31 2020                                                
 Sep. 30 2020  0.48        0.48       0.56      Beat    16.4​
 Jun. 30 2020  0.41        0.41       0.50      Beat    23.2
 Mar. 31 2020  0.39        0.40       0.40      Met     1.3
 This summary was machine generated May 3 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated