Zuora Inc expected to post earnings of 6 cents a share - Earnings Preview

Zuora

27/11/2023 21:09

* Zuora Inc  ZUO.N   ZUO  is expected to show a rise in
quarterly
revenue when it reports  results on November 29 for the period
ending July 31 2023
    * The Redwood City California-based  company is expected to
report
a 7.5% increase in revenue to $108.673 million from $101.07
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on August 23
2023, for the period ended October 31, was for revenue between
$107.50 million and $109.50 million.
    * ​LSEG's mean analyst estimate for Zuora Inc is for
earnings of 6
cents per share. The company's EPS guidance on August 23 2023,
for the period ended October 31, was between $0.05 and $0.06 
    * 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
$12.00​, above​ its last closing price of $8.27. ​​​

The company's guidance on August 23 2023 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD10 million and USD11 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  
 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. 31 2022  -0.06       -0.06      -0.02     Beat    65.2
 ​​Jul.        -0.05       -0.05      -0.03     Beat    40
 31 2022                                                
 Apr. 30 2022  -0.02       -0.01      -0.03     Missed  -140​
 Jan. 31 2022  -0.02       -0.02      -0.01     Beat    58
 Oct. 31 2021  -0.03       -0.03      -0.02     Beat    31.5
 This summary was machine generated November 27 at 21:09 GMT. 
All figures in US dollars unless otherwise stated