We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for Rapid7 (RPD) Q1 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
Wall Street analysts forecast that Rapid7 (RPD - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 36.4%. It is anticipated that revenues will amount to $208.45 million, exhibiting an increase of 1.6% compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 1.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Rapid7 metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Revenue- Professional services' should come in at $6.80 million. The estimate indicates a change of -16.9% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Products' at $202.25 million. The estimate indicates a change of +2.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Annualized recurring revenue' will likely reach $840.83 billion. The estimate compares to the year-ago value of $807.20 billion.
Analysts' assessment points toward 'Number of customers' reaching 11,631. The estimate is in contrast to the year-ago figure of 11,462.
Based on the collective assessment of analysts, 'ARR per customer' should arrive at $72,342.91. Compared to the current estimate, the company reported $70,400 in the same quarter of the previous year.
Analysts forecast 'Non-Gaap Gross Profit- Products' to reach $152.07 million. The estimate compares to the year-ago value of $148.80 million.
Over the past month, Rapid7 shares have recorded returns of -0.9% versus the Zacks S&P 500 composite's +11.3% change. Based on its Zacks Rank #3 (Hold), RPD will likely exhibit a performance that aligns with the overall market in the upcoming period. 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:
Image: Bigstock
Exploring Analyst Estimates for Rapid7 (RPD) Q1 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that Rapid7 (RPD - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 36.4%. It is anticipated that revenues will amount to $208.45 million, exhibiting an increase of 1.6% compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 1.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Rapid7 metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Revenue- Professional services' should come in at $6.80 million. The estimate indicates a change of -16.9% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Products' at $202.25 million. The estimate indicates a change of +2.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Annualized recurring revenue' will likely reach $840.83 billion. The estimate compares to the year-ago value of $807.20 billion.
Analysts' assessment points toward 'Number of customers' reaching 11,631. The estimate is in contrast to the year-ago figure of 11,462.
Based on the collective assessment of analysts, 'ARR per customer' should arrive at $72,342.91. Compared to the current estimate, the company reported $70,400 in the same quarter of the previous year.
Analysts forecast 'Non-Gaap Gross Profit- Products' to reach $152.07 million. The estimate compares to the year-ago value of $148.80 million.
View all Key Company Metrics for Rapid7 here>>>
Over the past month, Rapid7 shares have recorded returns of -0.9% versus the Zacks S&P 500 composite's +11.3% change. Based on its Zacks Rank #3 (Hold), RPD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>