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Exploring Analyst Estimates for JFrog (FROG) Q3 Earnings, Beyond Revenue and EPS

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Analysts on Wall Street project that JFrog Ltd. (FROG - Free Report) will announce quarterly earnings of $0.16 per share in its forthcoming report, representing an increase of 6.7% year over year. Revenues are projected to reach $128.4 million, increasing 17.7% from the same quarter last year.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during 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 JFrog metrics that Wall Street analysts commonly model and monitor.

Based on the collective assessment of analysts, 'Revenue- License- self-managed' should arrive at $5.71 million. The estimate suggests a change of +2.6% year over year.

The consensus estimate for 'Revenue- Subscription- self-managed and SaaS' stands at $122.50 million. The estimate indicates a year-over-year change of +18.4%.

Analysts' assessment points toward 'Revenue- Subscription- SaaS' reaching $58.03 million. The estimate points to a change of +37% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Revenue- Self-managed subscription' of $70.29 million. The estimate suggests a change of +5.4% year over year.

Analysts predict that the 'Customers >$100k in ARR' will reach 1,107 . The estimate compares to the year-ago value of 966 .

View all Key Company Metrics for JFrog here>>>

Shares of JFrog have experienced a change of -2% in the past month compared to the +1% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), FROG is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .


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