Zuora Inc expected to post earnings of 7 cents a share - Earnings Preview

Zuora

20/05/2024 21:09

* Zuora Inc  ZUO.N   ZUO  is expected to show a rise in
quarterly
revenue when it reports  results on May 22 for the period ending
April 30 2024
    * The Redwood City California-based  company is expected to
report
a 5.4% increase in revenue to $108.703 million from $103.1
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on February
28 2024, for the period ended April 30, was for revenue between
$107.80 million and $109.80 million.
    * ​LSEG's mean analyst estimate for Zuora Inc is for
earnings of 7
cents per share. The company's EPS guidance on February 28 2024,
for the period ended April 30, was between $0.06 and $0.07 
    * 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 $10.42. ​​​

The company's guidance on February 28 2024 for the period ended
April 30 was for Earnings before Interest and Taxes between
USD14 million and USD16 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  
 Jan. 1 0001   0.05        0.05       0.12      Beat    140
 Oct. 31 0001  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.        -0.06       -0.06      -0.04     Beat    37.3
 31 2023                                                
 Oct. 31 2022  -0.06       -0.06      -0.02     Beat    65.2​
 Jul. 31 2022  -0.05       -0.05      -0.03     Beat    40
 Apr. 30 2022  -0.02       -0.01      -0.03     Missed  -140
 This summary was machine generated May 20 at 20:09 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)