Published on 22 Nov 2021 on Zacks via Yahoo Finance
Cerence (CRNC) Q4 Earnings Surpass Estimates
Cerence (CRNC) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this automotive artificial intelligence developer would post earnings of $0.53 per share when it actually produced earnings of $0.62, delivering a surprise of 16.98%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.