nCino Expects FY25 Total Revenues Of $538.5M-$544.5M (Est $545.725M), Adj EPS Of $0.60-$0.64 (Est $0.56)
Portfolio Pulse from Benzinga Newsdesk
nCino has provided its financial outlook for FY25, expecting total revenues to range between $538.5M and $544.5M, slightly below the estimated $545.725M. However, the company anticipates its adjusted EPS to be between $0.60 and $0.64, surpassing the estimated $0.56.
March 26, 2024 | 8:16 pm
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nCino forecasts FY25 revenues slightly below estimates but expects adjusted EPS to exceed expectations.
The slight miss in revenue forecast might concern some investors, potentially putting downward pressure on the stock. However, the higher-than-expected adjusted EPS forecast could counterbalance this by indicating operational efficiency and profitability, which might uplift investor sentiment. The mixed nature of this financial outlook suggests a neutral short-term impact on nCino's stock price.
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IMPORTANCE 80
RELEVANCE 90