Jamf Holding Corp reports results for the quarter ended June 30 - Earnings Summary

• Jamf Holding Corp JAMF.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of eleven analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 17 cents to 22 cents per share.

• Revenue rose 15.3% to $176.50 million from a year ago; analysts expected $168.65 million.

• Jamf Holding Corp's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $20.88 million.

• Jamf Holding Corp shares had fallen by 22.9% this quarter and lost 47.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Jamf Holding Corp is $14.00, about 47.6% above its last closing price of $7.33

This summary was machine generated from LSEG data August 8 at 06:45 a.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)