Yext (NYSE:YEXT) reported its Q4 earnings results on Tuesday, March 8, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Yext beat estimated earnings by 62.5%, reporting an EPS of $-0.03 versus an estimate of $-0.08.
Revenue was up $8.74 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 8.59% increase in the share price the next day.
Here's a look at Yext's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.07 | -0.06 | -0.08 |
| EPS Actual | -0.04 | -0.06 | -0.02 | 0 |
| Revenue Estimate | 98.25M | 95.03M | 88.55M | 89.09M |
| Revenue Actual | 99.53M | 98.12M | 91.99M | 92.19M |
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).
Guidance
Yext management provided guidance for their next quarter, expecting earnings between $-0.08 and $-0.07 per share for the next quarter.
This represents a -150.0% in quarter-over-quarter growth for Yext, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
