Zuora Inc expected to post earnings of 3  cents a share - Earnings Preview

Zuora

21/08/2023 21:32

* Zuora Inc  ZUO.N   ZUO  is expected to show a rise in
quarterly
revenue when it reports  results on August 23. 
    * The Redwood City California-based  company is expected to
report
 a 10.2% increase in revenue to $108.807 million from $98.78
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on May
24 2023, for the period ended July 31, was for revenue between
$108.00 million and $109.50 million.
    * ​Refinitiv's mean analyst estimate for Zuora Inc is for
earnings
of 3 cents per share. The company's EPS guidance on May 24 2023,
for the period ended July 31, was between $0.03 and $0.04 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 Zuora Inc
is
$12​, above​ its last closing price of $10.00. ​​​

The company's guidance on May 24 2023 for the period ended July
31 was for Earnings before Interest and Taxes between USD7
million and USD8 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  
 Apr. 30 2023  0.00        0.00       0.05      Beat    2,400
 Jan. 31 2023  -0.06       -0.06      -0.04     Beat    37.3
 Oct. 31 2022  -0.06       -0.06      -0.02     Beat    65.2​
 Jul. 31 2022  -0.05       -0.05      -0.03     Beat    40
 ​​Apr.        -0.02       -0.01      -0.03     Missed  -140
 30 2022                                                
 Jan. 31 2022  -0.02       -0.02      -0.01     Beat    58​
 Oct. 31 2021  -0.03       -0.03      -0.02     Beat    31.5
 Jul. 31 2021  -0.04       -0.04      -0.04     Met     -6.7
 This summary was machine generated August 21 at 20:32 GMT.  All
figures in US dollars  unless otherwise stated