Thoughtworks Holding Inc expected to post earnings of 3 cents a share - Earnings Preview

* Thoughtworks Holding Inc is expected to show a fall in quarterly revenue when it reports results on November 8 (estimated) for the period ending September 30 2024

* The Chicago Illinois-based company is expected to report a 8.6% decrease in revenue to $256.088 million from $280.16 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Thoughtworks Holding Inc is for earnings of 3 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 8 "hold" and no "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 Thoughtworks Holding Inc is $4.40​, below​ its last closing price of $4.48. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.00 0.00 -0.03 Missed -1,421

.6

Mar. 31 2024 -0.02 -0.02 -0.02 Met -27.4

Dec. 31 2023 0.03 0.03 0.02 Missed -36.9​

Sep. 30 2023 0.02 0.03 0.04 Beat 54.4

​​Jun. 0.03 0.04 0.03 Missed -15.3

30 2023

Mar. 31 2023 0.04 0.04 0.03 Missed -25.5​

Dec. 31 2022 0.09 0.09 0.10 Beat 14.5

Sep. 30 2022 0.11 0.11 0.08 Missed -26

This summary was machine generated November 6 at 14:08 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)