UiPath Inc reports results for the quarter ended in July 31 - Earnings Summary

UiPath

05/09/2024 22:01

* UiPath Inc  PATH.N  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended July 31, lower than the
same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of twenty analysts for the quarter
was for earnings of 3 cents per share. Wall Street expected
results to range from 1 cents to 5 cents per share.
    * Revenue rose 10.1% to $316.25 million from a year ago;
analysts
expected $303.67 million. 
    * UiPath Inc's reported EPS for the quarter was a loss of 15
cents​.
    * The company reported a quarterly loss of $86.1 million.
    * UiPath Inc shares had risen by 0.3% this quarter and
lost 48.8%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 20
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for UiPath Inc is
14.00 
This summary was machine generated from LSEG data September 5 at
09:01 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
 Jul. 31 2024      0.03           0.04           Beat
 Apr. 30 2024      0.12           0.13           Beat
 Jan. 31 2024      0.16           0.22           Beat
 Oct. 31 2023      0.07           0.12           Beat