SUSE SA (DE:SUSE) reported an earnings miss right this moment for its 3rd quarter, ending 7/31/2022. Earnings per share got here in at $0.21, versus the anticipated $0.21.
The reported income of EUR162.88 million represents progress of 12.65% in comparison with the earlier quarter, and progress of 32.05% in comparison with the identical interval final 12 months.
For the 4th quarter, analysts mission earnings of $0.26 per share.
Typically, earnings bulletins have an effect on a inventory’s value. See a historical past of earnings-related value modifications for DE:SUSE inventory.
What to Count on from SUSE SA Inventory
In keeping with TipRanks, the common analyst consensus on DE:SUSE inventory is a Reasonable Purchase. This consensus relies on 5 analyst scores made prior to now 3 months. SUSE SA’s common value goal of EUR25.00 implies upside potential of 79.21% from present ranges.
See our Earnings Calendar for a full listing of this week’s earnings releases.
An earnings miss can signify unfavourable motion forward for a inventory’s value. At present, DE:SUSE value is EUR13.95, indicating a 5-day drop of -26.27%.
About SUSE SA
SUSE SA is a software program firm that gives options to Automotive Telecom, Banking and Monetary Providers, Healthcare, Manufacturing, Retail, and Know-how & Software program industries. The providers of the corporate embrace Consulting providers, Blended Providers, and Coaching & Certification..
Be taught extra about DE:SUSE financials right here