8x8 Inc expected to post earnings of 8 cents a share - Earnings Preview

Reuters
05-17
<a href="https://laohu8.com/S/EGHT">8x8 Inc</a> <eght.oq> expected to post earnings of 8 cents a share - Earnings Preview </eght.oq>
  • 8x8 Inc EGHT.OQ EGHT.O is expected to show a fall in quarterly revenue when it reports results on May 19 for the period ending March 31 2025

  • The Campbell California-based company is expected to report a 0.9% decrease in revenue to $177.839 million from $179.41 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on February 4 2025, for the period ended March 31, was for revenue between $175.00 million and $181.00 million.

  • ​LSEG's mean analyst estimate for 8x8 Inc is for earnings of 8 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 3 "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 8x8 Inc is $2.85​, above​ its last closing price of $1.81. ​​​

The company's guidance on February 4 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD15.75 million and USD18.1 million.

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

0.09

0.09

0.11

Beat

26.7

Sep. 30 2024

0.08

0.08

0.09

Beat

14.8

Jun. 30 2024

0.09

0.09

0.08

Missed

-10.6​

Mar. 31 2024

0.06

0.06

0.08

Beat

23.8

​​Dec. 31 2023

0.10

0.10

0.12

Beat

17.3

Sep. 30 2023

0.08

0.09

0.14

Beat

64​

Jun. 30 2023

0.13

0.13

0.13

Met

3.5

Mar. 31 2023

0.09

0.09

0.11

Beat

18.4

This summary was machine generated May 16 at 20:28 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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