Wall Street analysts predict that Guidewire Software (GWRE) will report quarterly profit of $ 0.52 per share in the coming release, pointing to an increase of 13%on an annual basis. It is expected that the turnover will be $ 285.69 million, which will show an increase of 18.6% compared to the quarter of a year ago.
In the last 30 days there has been no revision in the estimate of the consensus eps for the quarter. This means the collective reconsideration of the cover of their first predictions in the course of this time frame.
Before a company announces its income, it is essential to take into account any changes in the estimates of the profit. This is a valuable factor in predicting the potential reactions of investors to the shares. Empirical research has consistently demonstrated a strong correlation between trends in Winstrevisions and the short -term price performance of a share.
While investors usually use the estimates of the consensus and income as indicators for quarterly business performance, exploring the projections of analysts for specific important statistics can offer valuable insights.
With that in mind, let’s dive into the average projections of some software statistics that are often followed and projected by analysts on Wall Street.
The average prediction of analysts places ‘income services’ on $ 47.94 million. The estimate indicates an annual basis of +25.6%.
The collective assessment of analysts points to an estimated ‘income license’ of $ 64.28 million. The estimate indicates a change of -9.6% compared to the quarter of last year.
Based on the collective assessment of analysts, ‘Revenue subscription and support’ should be $ 173.68 million. The estimate points to a change of +31.9% compared to the quarter of a year ago.
Analysts predict ‘subscription income’ to reach $ 155.60 million. The estimate suggests a change of +37.5% year after year.
The assessment points of analysts to ‘Term license income’ of $ 64.77 million. The estimate indicates a change of -8.8% compared to the quarter of last year.
Analysts predict that the ‘support revenue’ will reach $ 17.56 million. The estimate points to a change of -5.2% compared to the quarter of a year ago.
The consensus estimate for ‘annual recurring income’ is $ 912.32 million. In contrast to the year ago, the estimate is a number of $ 800 million.
The consensus among analysts is that ‘gross profit description and support’ will reach $ 117.12 million. Compared to the current estimate, the company reported $ 81.71 million in the same quarter last year.
