Zuora Inc expected to post earnings of 5 cents a share - Earnings Preview

Zuora

26/02/2024 21:31

* Zuora Inc  ZUO.N   ZUO  is expected to show a rise in
quarterly
revenue when it reports  results on February 28 for the period
ending January 31 2024
    * The Redwood City California-based  company is expected to
report
a 7.5% increase in revenue to $110.789 million from $103.04
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on November
29 2023, for the period ended January 31, was for revenue
between $109.80 million and $111.80 million.
    * ​LSEG's mean analyst estimate for Zuora Inc is for
earnings of 5
cents per share. The company's EPS guidance on November 29 2023,
for the period ended January 31, was between $0.04 and $0.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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
$12.00​, above​ its last closing price of $8.19. ​​​

The company's guidance on November 29 2023 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD12 million and USD13 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  0.05        0.06       0.09      Beat    63.6
 Jul. 31 2023  0.04        0.03       0.07      Beat    101
 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.        -0.06       -0.06      -0.02     Beat    65.2
 31 2022                                                
 Jul. 31 2022  -0.05       -0.05      -0.03     Beat    40​
 Apr. 30 2022  -0.02       -0.01      -0.03     Missed  -140
 Jan. 31 2022  -0.02       -0.02      -0.01     Beat    58
 This summary was machine generated February 26 at 21:31 GMT. 
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)