Asana Inc expected to post a loss of 8 cents a share - Earnings Preview

Reuters05-29

* Asana Inc is expected to show a rise in quarterly revenue when it reports results on May 30 for the period ending April 30 2024

* The San Francisco California-based company is expected to report a 10.7% increase in revenue to $168.73 million from $152.41 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on March 11 2024, for the period ended April 30, was for revenue between $168.00 million and $169.00 million.

* ​LSEG's mean analyst estimate for Asana Inc is for a loss of 8 cents per share. The company's EPS guidance on March 11 2024, for the period ended April 30, was between $-0.09 and $-0.08

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and 5 "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 Asana Inc is $20.00​, above​ its last closing price of $14.45. ​​​

The company's guidance on March 11 2024 for the period ended April 30 was for Earnings before Interest and Taxes between USD-23 million and USD-21 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. 31 2024 -0.10 -0.10 -0.04 Beat 58.5

Oct. 31 2024 -0.11 -0.11 -0.04 Beat 62.6

Jul. 31 2023 -0.12 -0.11 -0.04 Beat 65.2​

Apr. 30 2023 -0.18 -0.27 -0.09 Beat 49.2

​​Jan. -0.27 -0.27 -0.15 Beat 45

31 2023

Oct. 31 2022 -0.32 -0.32 -0.26 Beat 18.8​

Jul. 31 2022 -0.39 -0.39 -0.34 Beat 11.9

Apr. 30 2022 -0.35 -0.36 -0.30 Beat 15.8

This summary was machine generated May 28 at 20:25 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)

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Comments

  • alien2025
    05-29
    alien2025
    I hope it will beat this time too
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