Brace yourselves for the unveiling of Informatica's (NYSE: INFA) third quarter financial results on Wednesday 30th October 2024. This eagerly awaited announcement will take place after market close.
The financial experts on Wall Street are predicting that the company will likely report an estimated $0.30 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $421.42 million revenue during the quarter.
The per-share income of $0.27 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $408.56 million recorded during that specific period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.67 billion. Additionally, they are expecting the company to achieve a per share profit of $1.13 for the fiscal year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.23 | +35.3% | 400.63 M | +6.6% |
| Q1 2024 | $0.22 | +46.7% | 388.61 M | +6.3% |
| Q4 2023 | $0.32 | +33.3% | 445.18 M | +11.6% |
| Q3 2023 | $0.27 | +50.0% | 408.56 M | +9.8% |
| Q2 2023 | $0.17 | +6.3% | 375.99 M | +1.1% |
| *Growth on year-over-year basis | ||||
INFA has scheduled a conference call on 30th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
During Monday's trading, Informatica (INFA) shares reached a low of $26.31 and a high of $26.94, along with a total volume of 1.20 million shares. The stock ended the regular trading session at $26.40, reflecting decline of 1.2 percent.
