SUSE SA (DE:SUSE) reported an earnings miss at this time 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 development of 12.65% in comparison with the earlier quarter, and development of 32.05% in comparison with the identical interval final yr.
For the 4th quarter, analysts mission earnings of $0.26 per share.
Usually, earnings bulletins have an effect on a inventory’s worth. See a historical past of earnings-related worth adjustments for DE:SUSE inventory.
What to Anticipate from SUSE SA Inventory
In line with TipRanks, the common analyst consensus on DE:SUSE inventory is a Average Purchase. This consensus is predicated on 5 analyst scores made up to now 3 months. SUSE SA’s common worth goal of EUR25.00 implies upside potential of 77.56% from present ranges.
See our Earnings Calendar for a full record of this week’s earnings releases.
An earnings miss can signify damaging motion forward for a inventory’s worth. At present, DE:SUSE worth is EUR14.08, indicating a 5-day drop of -25.58%.
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 embody Consulting providers, Blended Providers, and Coaching & Certification..
Study extra about DE:SUSE financials right here