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

UiPath

30/11/2023 22:50

* UiPath Inc  PATH.N  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in October, higher than
the same quarter last year, when the company reported EPS of 5
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 7 cents per share. Wall Street
expected results to range from 5 cents to 9 cents per share.
    * Revenue rose 24% to $325.92 million from a year ago;
analysts
expected $315.55 million. 
    * UiPath Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $31.54 million.
    * UiPath Inc shares had risen by 16.1% this quarter and
gained 56.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.3%
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 "hold"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for UiPath Inc
is
$19.00 

This summary was machine generated from LSEG data November 30 at
10:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.07           0.12           Beat
 Jul. 31 2023      0.03           0.09           Beat
 Apr. 30 2023      0.02           0.11           Beat
 Jan. 31 2023      0.06           0.15           Beat