Benzinga | Aug 5, 2020 12:17PM EDT

Earnings Outlook For Appian

On Thursday, August 06, Appian (NASDAQ:APPN) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Based on management's projections, Appian analysts modeled for a loss of $0.25 per share on sales of $61.07 million. In the same quarter last year, Appian posted a loss of $0.100 per share on sales of $66.91 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be down 150.0%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate -0.20 -0.14 -0.15 -0.17EPS Actual -0.12 -0.11 -0.14 -0.10Revenue Estimate 70.59 M 69.74 M 65.24 M 63.47 MRevenue Actual 78.86 M 68.62 M 69.39 M 66.91 M

Stock Performance

Shares of Appian were trading at $52.48 as of August 05. Over the last 52-week period, shares are up 21.98%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Appian is scheduled to hold the call at 17:00:00 ET and can be accessed here: http://public.viavid.com/player/index.php?id=140745