Zuora Inc reports results for the quarter ended October 31 - Earnings Summary

• Zuora Inc ZUO.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of five analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 11 cents to 12 cents per share.

• Revenue rose 6.4% to $116.93 million from a year ago; analysts expected $116.02 million.

• Zuora Inc's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $32.21 million.

• Zuora Inc shares had risen by 15.8% this quarter and gained 6.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% 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," 4 "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 Zuora Inc is $10.00

This summary was machine generated from LSEG data December 9 at 10:01 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)