* Appian Corp reported quarterly adjusted earnings of 15 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of seven analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -10 cents to -7 cents per share.
* Revenue rose 12.4% to $154.05 million from a year ago; analysts expected $151.89 million.
* Appian Corp's reported EPS for the quarter was a loss of 3 cents.
* The company reported a quarterly loss of $2.1 million.
* Appian Corp shares had risen by 18.6% this quarter and gained 7.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.4% 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 1 "strong buy" or "buy," 5 "hold" and 1 "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 Appian Corp is $32.00 This summary was machine generated from LSEG data November 7 at 02:32 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
Sep. 30 2024 -0.08 0.15 Beat
Jun. 30 2024 -0.31 -0.26 Beat
Mar. 31 2024 -0.16 -0.24 Missed
Dec. 31 2023 -0.24 0.06 Beat
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