Walkme Ltd reports results for the quarter ended in March - Earnings Summary

Walkme

22/05/2024 17:34

* Walkme Ltd  WKME.OQ  reported quarterly adjusted earnings
of 7
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -8
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 2 cents per share. Wall Street expected
results to range from 1 cents to 4 cents per share.
    * Revenue rose 4.1% to $68.57 million from a year ago;
analysts
expected $68.17 million. 
    * Walkme Ltd's reported EPS for the quarter was a loss of 7
cents​.
    * The company reported a quarterly loss of $6.15 million.
    * Walkme Ltd shares had fallen by 9.1% this quarter and
lost 26.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 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 4 "strong buy" or "buy," 4
"hold" and 1 "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 Walkme Ltd is
$11.75 
This summary was machine generated from LSEG data May 22 at
04:34 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
 Mar. 31 2024      0.02           0.07           Beat
 Dec. 31 2023      0.03           0.07           Beat
 Sep. 30 2023      -0.01          0.04           Beat
 Jun. 30 2023      -0.07          0.00           Beat