Guidewire Software program (GWRE) got here out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.36 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 333.33%. 1 / 4 in the past, it was anticipated that this supplier of software program to the insurance coverage trade would put up earnings of $0.50 per share when it truly produced earnings of $0.56, delivering a shock of 12%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Guidewire Software program, which belongs to the Zacks Enterprise – Software program Companies trade, posted revenues of $157.01 million for the quarter ended October 2019, surpassing the Zacks Consensus Estimate by 3.77%. This compares to year-ago revenues of $179.68 million. The corporate has topped consensus income estimates 4 occasions during the last 4 quarters.
The sustainability of the inventory’s…