Tenable Holdings Inc expected to post earnings of 24 cents a share - Earnings Preview

Tenable Holdings

29/07/2024 23:48

* Tenable Holdings Inc  TENB.OQ   TENB.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The Columbia Maryland-based  company is expected to report
a
12.0% increase in revenue to $218.509 million from $195.04
million a year ago, according to the mean estimate from 20
analysts, based on LSEG data.The company's guidance on May 1
2024, for the period ended June 30, was for revenue between
$217.00 million and $219.00 million.
    * ​LSEG's mean analyst estimate for Tenable Holdings Inc is
for
earnings of 24 cents per share. The company's EPS guidance on
May 1 2024, for the period ended June 30, was between $0.22 and
$0.24 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Tenable
Holdings
Inc is $57.00​, above​ its last closing price of $43.14. ​​​

The company's guidance on May 1 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD34
million and USD36 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  
 Mar. 31 2024  0.18        0.17       0.25      Beat    43.2
 Dec. 31 2024  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
 ​​Jan.        0.03        0.03       0.11      Beat    270
 1 0001                                                 
 Dec. 31 2022  0.07        0.07       0.12      Beat    73.4​
 Sep. 30 2022  0.03        0.03       0.15      Beat    403.4
 Jan. 1 0001   0.01        0.01       0.05      Beat    334.8
 This summary was machine generated July 29 at 22:47 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)