Upland Software Inc expected to post earnings of 14 cents a share - Earnings Preview

Upland Software

30/04/2024 21:37

* Upland Software Inc  UPLD.OQ   UPLD.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 2 for
the period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
11.3% decrease in revenue to $68.326 million from $77.06 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on February 22 2024,
for the period ended March 31, was for revenue between $65.00
million and $71.00 million.
    * ​LSEG's mean analyst estimate for Upland Software Inc is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "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 Upland
Software
Inc is $4.00​, above​ its last closing price of $2.26. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD65 million and USD14.3 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.21        0.18       0.14      Missed  -22.2
 Jan. 1 2023   0.21        0.19       0.33      Beat    70.7
 Jun. 30 2023  0.23        0.23       0.22      Missed  -4.1​
 Mar. 31 2023  0.25        0.23       0.28      Beat    19.8
 ​​Dec.        0.40        0.39       0.37      Missed  -4.5
 31 2022                                                
 Sep. 30 2022  0.43        0.41       0.50      Beat    21.5​
 Jun. 30 2022  0.45        0.43       0.55      Beat    27.7
 Mar. 31 2022  0.42        0.41       0.41      Met     1.2
 This summary was machine generated April 30 at 20:37 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)