C3.ai Inc reports results for the quarter ended January 31 - Earnings Summary

• C3.ai Inc AI.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of fourteen analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -28 cents to -20 cents per share.

• Revenue rose 26% to $98.78 million from a year ago; analysts expected $98.11 million.

• C3.ai Inc's reported EPS for the quarter was a loss of 62 cents​.

• The company reported a quarterly loss of $80.2 million.

• C3.ai Inc shares had fallen by 23.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 54.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 6 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for C3.ai Inc is $37.50

This summary was machine generated from LSEG data February 26 at 10:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)