Tenable Holdings Inc expected to post earnings of 18 cents a share - Earnings Preview

Tenable Holdings

29/04/2024 21:26

* Tenable Holdings Inc  TENB.OQ   TENB.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Columbia Maryland-based  company is expected to report
a
13.1% increase in revenue to $213.574 million from $188.84
million a year ago, according to the mean estimate from 18
analysts, based on LSEG data.The company's guidance on February
6 2024, for the period ended March 31, was for revenue between
$212.00 million and $214.00 million.
    * ​LSEG's mean analyst estimate for Tenable Holdings Inc is
for
earnings of 18 cents per share. The company's EPS guidance on
February 6 2024, for the period ended March 31, was between
$0.16 and $0.18 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 4
"hold" and no "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 Tenable
Holdings
Inc is $60.00​, above​ its last closing price of $45.99. ​​​

The company's guidance on February 6 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD27 million and USD29 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.14        0.14       0.25      Beat    80.3
 Sep. 30 2023  0.18        0.18       0.23      Beat    25.2
 Jun. 30 2023  0.13        0.13       0.22      Beat    70​
 Mar. 31 2023  0.03        0.03       0.11      Beat    270
 ​​            0.07        0.07       0.12      Beat    73.4
 Sep. 30 2022  0.03        0.03       0.15      Beat    403.4​
 Jun. 30 2022  0.01        0.01       0.05      Beat    334.8
 Mar. 31 2022  0.05        0.05       0.06      Beat    21.9
 This summary was machine generated April 29 at 20:26 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)