TruBridge Inc expected to post earnings of 15 cents a share - Earnings Preview

Trubridge

03/05/2024 15:02

* TruBridge Inc  TBRG.OQ   TBRG.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 7 (estimated)
for the period ending March 31 2024
    * The Mobile Alabama-based  company is expected to report a
3.7% decrease in revenue to $83.013 million from $86.23 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on February 29 2024,
for the period ended March 31, was for revenue between $82.00
million and $84.00 million.
    * ​LSEG's mean analyst estimate for TruBridge Inc is for
earnings
of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 TruBridge
Inc is
$12.00​, above​ its last closing price of $8.51. ​​​

The company's guidance on February 29 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD82 million and USD9.5 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  
 Jan. 1 0001   0.35        0.35       0.36      Beat    2.9
 Sep. 30 0001  0.42        0.42       0.45      Beat    7.1
 Jun. 30 2023  0.58        0.58       0.40      Missed  -31.4​
 Mar. 31 2023  0.69        0.70       0.58      Missed  -17.1
 ​​Dec.        0.59        0.59       0.61      Beat    4.3
 31 2022                                                
 Sep. 30 2022  0.65        0.66       0.57      Missed  -13​
 Jun. 30 2022  0.68        0.66       0.59      Missed  -10.3
 Mar. 31 2022  0.64        0.66       0.81      Beat    22.7
 This summary was machine generated May 3 at 14:02 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)