Udemy Inc expected to post a loss of 1 cent a share - Earnings Preview

Udemy

30/07/2024 01:40

* Udemy Inc  UDMY.OQ   UDMY.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 San Francisco California-based  company is expected to
report a 8.9% increase in revenue to $194.161 million from
$178.24 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$192.00 million and $195.00 million.
    * ​LSEG's mean analyst estimate for Udemy Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 Udemy Inc
is
$13.88​, above​ its last closing price of $8.92. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 192 million and 975 thousand (USD).
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  -0.01       -0.01      0.03      Beat    343.9
 Jan. 1 2024   -0.01       -0.02      0.02      Beat    211.1
 Sep. 30 2023  -0.02       -0.02      0.05      Beat    363.2​
 Jan. 1 0001   -0.07       -0.07      -0.01     Beat    86.6
 ​​Mar.        -0.14       -0.14      -0.06     Beat    57
 31 2023                                                
 Jan. 1 0001   -0.22       -0.23      -0.16     Beat    29.1​
 Sep. 30 2022  -0.17       -0.18      -0.15     Beat    14.3
 Jun. 30 2022  -0.17       -0.16      -0.10     Beat    39.3
 This summary was machine generated July 30 at 00:40 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)