Upland Software Inc expected to post earnings of 17 cents a share - Earnings Preview

Upland Software

06/11/2024 05:12

* Upland Software Inc  UPLD.OQ   UPLD.O  is expected to show
a
fall in quarterly revenue when it reports  results on November 7
for the period ending September 30 2024
    * The Austin Texas-based  company is expected to report a
9.9% decrease in revenue to $66.784 million from $74.12 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on August 1 2024, for
the period ended September 30, was for revenue between $63.20
million and $69.20 million.
    * ​LSEG's mean analyst estimate for Upland Software Inc is
for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 2.50​, above​ its last closing price of $2.26. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD63.2 million and
USD15.5 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  
 Jan. 1 0001   0.16        0.13       0.19      Beat    42.5
 Mar. 31 0001  0.14        0.14       0.19      Beat    39.7
 Dec. 31 2023  0.21        0.18       0.14      Missed  -22.2​
 Sep. 30 2023  0.21        0.19       0.33      Beat    70.7
 ​​Jun.        0.23        0.23       0.22      Missed  -4.1
 30 2023                                                
 Mar. 31 2023  0.25        0.23       0.28      Beat    19.8​
 Dec. 31 2022  0.40        0.39       0.37      Missed  -4.5
 Sep. 30 2022  0.43        0.41       0.50      Beat    21.5
 This summary was machine generated November 6 at 05:12 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)