JFrog Sees Q4 2023 AdJ. EPS $0.12-$0.13 Vs $0.08 Est.; Revenue $92.5M-$93.5M Vs $92.93M Est
Portfolio Pulse from Benzinga Newsdesk
JFrog has projected its Q4 2023 adjusted EPS to be between $0.12 and $0.13, higher than the estimated $0.08. The company also expects its revenue to be between $92.5M and $93.5M, roughly in line with the estimated $92.93M.
November 01, 2023 | 9:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JFrog's higher than expected Q4 2023 EPS and in-line revenue forecast could positively impact its stock price.
JFrog's higher than expected EPS forecast indicates potential profitability, which is a positive signal to investors. The revenue forecast being in line with estimates also shows stability in the company's operations. Both factors could lead to a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100