UiPath (PATH) to Report Q4 Earnings: What's in the Offing?

RHI PATH SPGI APTV

UiPath, Inc. (PATH - Free Report) is scheduled to report its fourth-quarter fiscal 2024 results on Mar 13, after the bell.

The company has an impressive earnings surprise history. Earnings surpassed the Zacks Consensus Estimate in the last four quarters, delivering a surprise of 208.9% on average.

UiPath, Inc. Price and EPS Surprise

 

Q4 Expectations

The Zacks Consensus Estimate for PATH’s revenues in the to-be-reported quarter is pegged at $383.3 million, indicating a 24.2% year-over-year increase. We expect the company’s strong business model that ensures efficient delivery of its end-to-end automation platform services to have positively impacted the top line in the to-be-reported quarter. New products and customer growth have also been aiding the company.

The consensus estimate for the bottom line in the to-be-reported quarter stands at 15 cents per share, flat with the year-ago actual figure. An increase in revenues, expense management and operating discipline are expected to have positively impacted the bottom line in the quarter to be reported.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for PATH this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

UiPath has an Earnings ESP of 0.00% and carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Recent Earnings of Some Other Service Providers

Robert Half (RHI - Free Report) reported better-than-expected fourth-quarter 2023 results.

Quarterly earnings of 83 cents per share beat the consensus mark by 1.2% but declined 39.4% year over year. RHI’s revenues of $1.5 billion beat the consensus mark by a slight margin but decreased 14.7% year over year.

Aptiv (APTV - Free Report)  reported mixed fourth-quarter 2023 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.

Adjusted earnings of $1.40 per share beat the Zacks Consensus Estimate by 8.5% and increased 10.2% year over year. APTV’s revenues of $4.9 billion missed the Zacks Consensus Estimate by 0.5% but increased 6% year over year.

S&P Global (SPGI - Free Report) reported mixed fourth-quarter results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same.

Adjusted EPS of $3.13 missed the Zacks Consensus Estimate by 0.6% but increased 23.2% year over. Revenues of $3.2 billion surpassed the consensus estimate by 0.5% and improved 7.3% year over year.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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