Upland Software Inc expected to post earnings of 23  cents a share - Earnings Preview

Upland Software

02/08/2023 03:07

* Upland Software Inc  UPLD.OQ   UPLD.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 3. 
    * The Austin Texas-based  company is expected to report  a
8.6% decrease in revenue to $73.36 million from $80.23 million a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. The company's guidance on May 4 2023, for the
period ended June 30, was for revenue between $69.80 million and
$75.80 million.
    * ​Refinitiv's mean analyst estimate for Upland Software Inc
is
for earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "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​, above​ its last closing price of $3.79. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD69.8 million and USD18 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.25        0.23       0.28      Beat    19.8
 Dec. 31 2023  0.40        0.39       0.37      Missed  -4.5
 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.        0.42        0.41       0.41      Met     1.2
 31 2022                                                
 Dec. 31 2021  0.46        0.45       0.60      Beat    32.1​
 Sep. 30 2021  0.48        0.47       0.57      Beat    21
 Jun. 30 2021  0.43        0.42       0.41      Missed  -1.5
 This summary was machine generated August 2 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated