Guidewire Software program (GWRE) reported $291.52 million in income for the quarter ended July 2024, representing a year-over-year improve of 8%. EPS of $0.62 for a similar interval compares to $0.74 a yr in the past.
The reported income represents a shock of +2.95% over the Zacks Consensus Estimate of $283.15 million. With the consensus EPS estimate being $0.52, the EPS shock was +19.23%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Guidewire Software program carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
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Annual recurring income
: $872 million in comparison with the $861.53 million common estimate based mostly on 4 analysts.
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Income- Subscription and assist
: $151.85 million versus $148.76 million estimated by 5 analysts on common.
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Revenues- License
: $88.86 million versus $85.83 million estimated by 5 analysts on common.
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Revenues- Providers
: $50.81 million in comparison with the $48.74 million common estimate based mostly on 5 analysts.
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Gross profit- Subscription and assist
: $96.23 million versus the four-analyst common estimate of $96.15 million.
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Gross profit- Providers
: $2.35 million versus $5.79 million estimated by 4 analysts on common.
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Gross profit- License
: $87.86 million versus $83.89 million estimated by 4 analysts on common.
View all Key Company Metrics for Guidewire Software here>>>
Shares of Guidewire Software program have returned +4.6% over the previous month versus the Zacks S&P 500 composite’s +3.4% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.
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