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Exploring Analyst Estimates for UiPath (PATH) Q2 Earnings, Beyond Revenue and EPS
UiPathUiPath(US:PATH) ZACKSยท2024-08-30 14:16

Core Insights - Analysts project that UiPath (PATH) will report quarterly earnings of $0.03 per share, reflecting a year-over-year decline of 66.7% [1] - Revenue is expected to reach $302.92 million, which represents a 5.4% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Earnings Estimates and Projections - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock [2] - There is a strong correlation between earnings estimate revisions and short-term stock price performance [2] Key Metrics Projections - Analysts estimate 'Revenue- Licenses' at $109.52 million, indicating an 8.2% decline from the previous year [4] - 'Net New ARR' is projected to be $37.53 million, down from $59 million year-over-year [4] - The average prediction for 'ARR' stands at $1.55 billion, compared to $1.31 billion from the previous year [4] Stock Performance - Over the past month, UiPath shares have increased by 8.8%, outperforming the Zacks S&P 500 composite, which saw a 2.5% change [4] - Based on its Zacks Rank 3 (Hold), PATH is expected to perform in line with the overall market in the upcoming period [4]