Zuora Inc reports results for the quarter ended in January - Earnings Summary

Zuora

29/02/2024 03:26

* Zuora Inc  ZUO.N  reported quarterly adjusted earnings of
12
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 5 cents per share. 
    * Revenue rose 7.4% to $110.67 million from a year ago;
analysts
expected $110.79 million. 
    * Zuora Inc's reported EPS for the quarter was a loss of 14
cents​.
    * The company reported a quarterly loss of $20.83 million.
    * Zuora Inc shares had fallen by 9.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Zuora Inc is
$12.00 
This summary was machine generated from LSEG data February 29 at
03:26 a.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
 Jan. 31 2024      0.05           0.12           Beat
 Oct. 31 2023      0.06           0.09           Beat
 Jul. 31 2023      0.03           0.07           Beat
 Apr. 30 2023      0.00           0.05           Beat