* Tenable Holdings Inc reported quarterly adjusted earnings of 25 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 17 cents to 20 cents per share.
* Revenue rose 14.4% to $215.96 million from a year ago; analysts expected $213.57 million.
* Tenable Holdings Inc's reported EPS for the quarter was a loss of 12 cents.
* The company reported a quarterly loss of $14.39 million.
* Tenable Holdings Inc shares had fallen by 8.9% this quarter and lost 2.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 11.7% 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 16 "strong buy" or "buy," 3 "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 Tenable Holdings Inc is $60.00 This summary was machine generated from LSEG data May 2 at 05:31 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
Mar. 31 2024 0.17 0.25 Beat
Dec. 31 2023 0.14 0.25 Beat
Sep. 30 2023 0.18 0.23 Beat
Jun. 30 2023 0.13 0.22 Beat
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