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

Zerofox Holdings

05/12/2023 14:32

* ZeroFox Holdings Inc  ZFOX.OQ  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in October,
lower than the same quarter last year, when the company reported
EPS of 6 cents.  The mean expectation of three analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -8 cents to -5 cents per share.
    * Revenue rose 51.3% to $65.02 million from a year ago;
analysts
expected $55.97 million. 
    * ZeroFox Holdings Inc's reported EPS for the quarter was a
loss
of 68 cents​.
    * The company reported a quarterly loss of $86.69 million.
    * ZeroFox Holdings Inc shares had fallen by 23.3% this
quarter and
lost 86.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5% 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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for ZeroFox
Holdings
Inc is $2.00 

This summary was machine generated from LSEG data December 5 at
02:31 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
 Oct. 31 2023      -0.07          -0.01          Beat
 Jul. 31 2023      -0.09          -0.04          Beat
 Apr. 30 2023      -0.10          -0.04          Beat
 Jan. 31 2023      -0.08          -0.02          Beat