So, the market has re-rated GWRE's EV/Sales multiple as inflation has cooled, insurers have begun making buying decisions and the company's operating losses have been reduced. But does GWRE have a significant price growth runway for upside ahead? I suppose it depends on whether you believe inflation will continue to abate further and the company will make additional progress on earnings per share. I confess to being in a 'wait-and-see' mode, as over the past year, we may have seen previously delayed buying ...

Guidewire Software (GWRE) recently announced that rural insurer company FMG has chosen Guidewire InsuranceSuite, available on the Guidewire Cloud platform, to support its core business operations. By migrating to Guidewire Cloud, FMG expects to streamline its IT operations significantly, allowing the organization to adapt promptly to market fluctuations and evolving customer demands, thereby facilitating its continuous expansion in the insurance market. The company's premium solutions include InsuranceSuite ...

Value Score But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GWRE should be on investors' short list. It also includes access to the Zacks Style Scores. The Style Scores are broken down into four categories: The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, ...

Guidewire Software (GWRE) reported non-GAAP earnings per share (EPS) of 26 cents in third-quarter fiscal 2024 (ended Apr 30, 2024), which surpassed the Zacks Consensus Estimate of 13 cents. The company reported a non-GAAP loss of 8 cents in the year-ago quarter. The company reported revenues of $240.7 million, up 16% year over year. The revenues surpassed the Zacks Consensus Estimate by 4%. The uptick was driven by solid Tier-1 deal volume and increasing migration activity, especially in Asia Pacific. Guide ...

Guidewire Software, Inc. (NYSE:GWRE) Q3 2024 Earnings Conference Call June 4, 2024 5:00 PM ET Company Participants Alex Hughes - Vice President, Investor Relations Mike Rosenbaum - Chief Executive Officer Jeff Cooper - Chief Financial Officer Conference Call Participants Kevin Kumar - Goldman Sachs Dylan Becker - William Blair Ken Wong - Oppenheimer Peter Heckmann - D.A. Davidson Rishi Jaluria - RBC Matt VanVliet - BTIG Alex Sklar - Raymond James Alexei Gogolev - JPMorgan David Unger - Wells Fargo Aaron Kim ...

For the quarter ended April 2024, Guidewire Software (GWRE) reported revenue of $240.68 million, up 16% over the same period last year. EPS came in at $0.26, compared to -$0.08 in the year-ago quarter. The reported revenue represents a surprise of +3.98% over the Zacks Consensus Estimate of $231.46 million. With the consensus EPS estimate being $0.13, the EPS surprise was +100.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...

Guidewire Software (GWRE) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this provider of software to the insurance industry would post earnings of $0.21 per share when it actually produced earnings of $0.46, delivering a surprise of 119.05%. Ov ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________ FORM 10-Q ______________________________________________________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commissio ...

Exhibit 99.1 Guidewire Announces Third Quarter Fiscal Year 2024 Financial Results Revenue Profitability Liquidity and Capital Resources SAN MATEO, Calif., June 4, 2024 - Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended April 30, 2024. "Our outstanding third quarter results were driven by strong Tier-1 deal volume and an acceleration in migration activity, particularly in Asia Pacific," said Mike Rosenbaum, chief executive officer, Guidewire. "Our dedication to contin ...

Guidewire Software (GWRE) recently announced that United Heritage Insurance is leveraging its InsuranceNow platform. GWRE's innovative product mix and continued deal wins in cloud solutions are driving growth. The focus on cloud strategy has been paying off for Guidewire, as evidenced by increasing sales. In the last reported quarter, the company's total revenues of $240.9 million increased 4% year over year. The figure was in line with the Zacks Consensus Estimate. The company has won 11 cloud deals in sec ...