UiPath Inc reports results for the quarter ended in April - Earnings Summary

UiPath

29/05/2024 23:02

* UiPath Inc  PATH.N  reported quarterly adjusted earnings
of 13
cents​​ per share for the quarter ended in April, higher than
the same quarter last year, when the company reported EPS of 11
cents.  The mean expectation of twenty analysts for the quarter
was for earnings of 12 cents per share. Wall Street expected
results to range from 10 cents to 13 cents per share.
    * Revenue rose 15.7% to $335.11 million from a year ago;
analysts
expected $333.04 million. 
    * UiPath Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The company reported a quarterly loss of $28.74 million.
    * UiPath Inc shares had fallen by 17.3% this quarter and
lost 24.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for UiPath Inc is
$27.00 
This summary was machine generated from LSEG data May 29 at
10:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      0.12           0.13           Beat
 Jan. 31 2024      0.16           0.22           Beat
 Oct. 31 2023      0.07           0.12           Beat
 Jul. 31 2023      0.03           0.09           Beat