Back to top

Image: Bigstock

Insights Into Intapp (INTA) Q3: Wall Street Projections for Key Metrics

Read MoreHide Full Article

Wall Street analysts expect Intapp (INTA - Free Report) to post quarterly earnings of $0.07 per share in its upcoming report, which indicates a year-over-year increase of 133.3%. Revenues are expected to be $108.18 million, up 17.6% from the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Given this perspective, it's time to examine the average forecasts of specific Intapp metrics that are routinely monitored and predicted by Wall Street analysts.

The combined assessment of analysts suggests that 'Revenues- Professional Services' will likely reach $13.49 million. The estimate points to a change of +8.8% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Total Recurring Revenues- Subscription license' of $14.03 million. The estimate indicates a change of +3.4% from the prior-year quarter.

According to the collective judgment of analysts, 'Total Recurring Revenues- SaaS and support' should come in at $80.64 million. The estimate suggests a change of +22.1% year over year.

The consensus estimate for 'Total ARR' stands at $374.42 million. The estimate is in contrast to the year-ago figure of $315.60 million.

View all Key Company Metrics for Intapp here>>>

Intapp shares have witnessed a change of -2.1% in the past month, in contrast to the Zacks S&P 500 composite's -1.6% move. With a Zacks Rank #3 (Hold), INTA is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Intapp, Inc. (INTA) - free report >>

Published in