Published on 5 May 2024 on Simply Wall St. via Yahoo Finance
Rimini Street, Inc. Just Missed EPS By 82%: Here's What Analysts Think Will Happen Next
Rimini Street, Inc. (NASDAQ:RMNI) shareholders are probably feeling a little disappointed, since its shares fell 8.9% to US$2.55 in the week after its latest quarterly results. It looks like a pretty bad result, all things considered. Although revenues of US$107m were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 82% to hit US$0.01 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
See our latest analysis for Rimini Street
