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

UiPath

13/03/2024 22:37

* UiPath Inc  PATH.N  reported quarterly adjusted earnings
of 22
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 15
cents.  The mean expectation of twenty analysts for the quarter
was for earnings of 16 cents per share. Wall Street expected
results to range from 13 cents to 18 cents per share.
    * Revenue rose 31.3% to $405.25 million from a year ago;
analysts
expected $383.83 million. 
    * UiPath Inc's reported EPS for the quarter was 6 cents​.
    * The company reported quarterly net income of $33.92
million.
    * UiPath Inc shares had fallen by 0.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
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 10 "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
$25.00 
This summary was machine generated from LSEG data March 13 at
10:37 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
 Jan. 31 2024      0.16           0.22           Beat
 Oct. 31 2023      0.07           0.12           Beat
 Jul. 31 2023      0.03           0.09           Beat
 Apr. 30 2023      0.02           0.11           Beat