* Everbridge Inc reported quarterly adjusted earnings of 18 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of ten analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 29 cents to 45 cents per share.
* Revenue rose 2.9% to $111.43 million from a year ago; analysts expected $112.10 million.
* Everbridge Inc's reported EPS for the quarter was a loss of 49 cents.
* The company reported a quarterly loss of $20.07 million.
* Everbridge Inc shares had fallen by 0.2% this quarter and gained 43.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 4.4% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "hold"
Wall Street's median 12-month price target for Everbridge Inc is $32.00 This summary was machine generated from LSEG data May 9 at 09:19 p.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 0.39 0.18 Missed
Dec. 31 2023 0.49 0.47 Missed
Sep. 30 2023 0.42 0.46 Beat
Jun. 30 2023 0.27 0.31 Beat
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