Benzinga | Dec 1, 2021 10:07AM EST

Preview: Guidewire Software's Earnings

Guidewire Software (NYSE:GWRE) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

Analysts estimate that Guidewire Software will likely report an Earnings Per Share (EPS) of $-0.25.

Guidewire Software bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.12, which was followed by a 3.86% increase in the share price the next day.

Here's a look at Guidewire Software's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.25 -0.24 -0.01 -0.05EPS Actual 0.37 -0.16 0.11 0.17Price Change % 3.86% 3.53% -4.79% -4.36%

Stock Performance

Shares of Guidewire Software were trading at $116.34 as of November 30. Over the last 52-week period, shares are down 7.89%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.