eGain Corp EGAN.OQ reported quarterly adjusted earnings of 4 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of two analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 1 cents per share.
Revenue fell 9.8% to $21.80 million from a year ago; analysts expected $21.68 million.
eGain Corp's reported EPS for the quarter was 2 cents.
The company reported quarterly net income of $652 thousand.
eGain Corp shares had risen by 14.3% this quarter and lost 30.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 90.9% 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the software peer group is "hold."
Wall Street's median 12-month price target for eGain Corp is $9.50
This summary was machine generated from LSEG data November 12 at 11:29 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 | 0.01 | 0.04 | Beat |
Jun. 30 2024 | 0.03 | 0.08 | Beat |
Mar. 31 2024 | 0.07 | 0.08 | Beat |
Dec. 31 2023 | 0.08 | 0.11 | Beat |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.