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

Yext

07/12/2023 04:34

* Yext Inc  YEXT.N  reported quarterly adjusted earnings of
9
cents​​ per share for the quarter ended in October, higher than
the same quarter last year, when the company reported EPS of 2
cents.  The mean expectation of five analysts for the quarter
was for earnings of 7 cents per share. Wall Street expected
results to range from 6 cents to 7 cents per share.
    * Revenue rose 1.9% to $101.16 million from a year ago;
analysts
expected $102.16 million. 
    * Yext Inc's reported EPS for the quarter was breakeven
results​.
    * The company reported a quarterly loss of $468 thousand.
    * Yext Inc shares had risen by 10.7% this quarter and
gained 7.4%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for Yext Inc is $8.00
This summary was machine generated from LSEG data December 7 at
04:33 a.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
 Oct. 31 2023      0.07           0.09           Beat
 Jul. 31 2023      0.06           0.06           Met
 Apr. 30 2023      0.05           0.09           Beat
 Jan. 31 2023      0.03           0.05           Beat