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Countdown to ServiceTitan Inc. (TTAN) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
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The upcoming report from ServiceTitan Inc. (TTAN - Free Report) is expected to reveal quarterly earnings of $0.36 per share, indicating an increase of 9.1% compared to the year-ago period. Analysts forecast revenues of $285.14 million, representing an increase of 17.8% year over year.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific ServiceTitan Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Revenue- Platform' to come in at $275.71 million. The estimate indicates a year-over-year change of +18.5%.
The collective assessment of analysts points to an estimated 'Revenue- Professional services and other' of $9.43 million. The estimate suggests a change of +0.4% year over year.
The consensus among analysts is that 'Revenue- Platform- Subscription' will reach $208.11 million. The estimate indicates a change of +19.1% from the prior-year quarter.
It is projected by analysts that the 'Revenue- Platform- Usage' will reach $67.69 million. The estimate indicates a change of +16.8% from the prior-year quarter.
Analysts' assessment points toward 'Gross Transaction Volume' reaching $25.90 billion. Compared to the current estimate, the company reported $22.90 billion in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Non-GAAP gross profit- Platform' will likely reach $223.22 million. The estimate is in contrast to the year-ago figure of $187.75 million.
ServiceTitan Inc. shares have witnessed a change of +10.7% in the past month, in contrast to the Zacks S&P 500 composite's +2% move. With a Zacks Rank #2 (Buy), TTAN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Countdown to ServiceTitan Inc. (TTAN) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
The upcoming report from ServiceTitan Inc. (TTAN - Free Report) is expected to reveal quarterly earnings of $0.36 per share, indicating an increase of 9.1% compared to the year-ago period. Analysts forecast revenues of $285.14 million, representing an increase of 17.8% year over year.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific ServiceTitan Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Revenue- Platform' to come in at $275.71 million. The estimate indicates a year-over-year change of +18.5%.
The collective assessment of analysts points to an estimated 'Revenue- Professional services and other' of $9.43 million. The estimate suggests a change of +0.4% year over year.
The consensus among analysts is that 'Revenue- Platform- Subscription' will reach $208.11 million. The estimate indicates a change of +19.1% from the prior-year quarter.
It is projected by analysts that the 'Revenue- Platform- Usage' will reach $67.69 million. The estimate indicates a change of +16.8% from the prior-year quarter.
Analysts' assessment points toward 'Gross Transaction Volume' reaching $25.90 billion. Compared to the current estimate, the company reported $22.90 billion in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Non-GAAP gross profit- Platform' will likely reach $223.22 million. The estimate is in contrast to the year-ago figure of $187.75 million.
View all Key Company Metrics for ServiceTitan Inc. here>>>ServiceTitan Inc. shares have witnessed a change of +10.7% in the past month, in contrast to the Zacks S&P 500 composite's +2% move. With a Zacks Rank #2 (Buy), TTAN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .