E2open Parent Holdings Inc reports results for the quarter ended May 31 - Earnings Summary

• E2open Parent Holdings Inc ETWO.N reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share.

• Revenue rose 1% to $152.61 million from a year ago; analysts expected $148.92 million.

• E2open Parent Holdings Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $14.13 million.

• E2open Parent Holdings Inc shares had risen by 0.6% this quarter and gained 22.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.1% 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 no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for E2open Parent Holdings Inc is $3.30, about 1.2% above its last closing price of $3.26

This summary was machine generated from LSEG data July 10 at 09:01 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)