Doximity Inc reports results for the quarter ended in September 30 - Earnings Summary

Doximity

08/11/2024 05:18

* Doximity Inc  DOCS.N  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 22 cents.  The mean expectation of seventeen analysts for the
quarter was for earnings of 25 cents per share. Wall Street
expected results to range from 23 cents to 27 cents per share.
    * Revenue rose 20.4% to $136.83 million from a year ago;
analysts
expected $127.15 million. 
    * Doximity Inc's reported EPS for the quarter was 22 cents​.
    * The company reported quarterly net income of $44.15
million.
    * Doximity Inc shares had fallen by 0.3% this quarter and
gained 54.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is  "hold."

Wall Street's median 12-month price target for Doximity Inc is
$40.00 
This summary was machine generated from LSEG data November 8 at
05:17 a.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      0.25           0.30           Beat
 Jun. 30 2024      0.22           0.28           Beat
 Mar. 31 2024      0.20           0.25           Beat
 Dec. 31 2023      0.23           0.29           Beat