C3.ai Inc expected to post a loss of 18 cents a share - Earnings Preview

* C3.ai Inc is expected to show a rise in quarterly revenue when it reports results on December 6 for the period ending July 31 2023

* The Redwood City California-based company is expected to report a 19.1% increase in revenue to $74.333 million from $62.41 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on September 6 2023, for the period ended October 31, was for revenue between $72.00 million and $76.50 million.

* ​LSEG's mean analyst estimate for C3.ai Inc is for a loss of 18 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 4 "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 C3.ai Inc is $28.00​, below​ its last closing price of $30.89. ​​​

The company's guidance on September 6 2023 for the period ended October 31 was for Earnings before Interest and Taxes between USD-40 million and USD-27 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 -0.17 -0.17 -0.09 Beat 47.9

Apr. 30 2023 -0.17 -0.17 -0.13 Beat 23.2

Jan. 31 2023 -0.22 -0.22 -0.06 Beat 72.6​

Oct. 31 2022 -0.16 -0.16 -0.11 Beat 30.2

​​Jul. -0.24 -0.24 -0.12 Beat 50.8

31 2022

Apr. 30 2022 -0.28 -0.29 -0.21 Beat 26.6​

Jan. 31 2022 -0.26 -0.27 -0.07 Beat 73.9

Oct. 31 2021 -0.27 -0.28 -0.23 Beat 18.8

This summary was machine generated December 4 at 21:16 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)