Braze On Wednesday Initiated Guidance; Sees Q1 Adj. EPS $(0.11)-$(0.10) vs $(0.05) Est., Revenue $131M-$132M vs $127.82M Est; Sees FY25 Adj. EPS $(0.12)-$(0.08) vs $(0.02) Est., Revenue $570M-$575M vs $572.19M Est.
Portfolio Pulse from Benzinga Newsdesk
Braze has provided its financial guidance for Q1 and FY25, projecting adjusted EPS and revenue figures that are mixed in comparison to analyst estimates. For Q1, the adjusted EPS is expected to be between $(0.11) and $(0.10), worse than the $(0.05) estimate, with revenue projected at $131M-$132M, better than the $127.82M estimate. For FY25, the adjusted EPS is forecasted to be between $(0.12) and $(0.08), significantly below the $(0.02) estimate, while revenue is anticipated to be $570M-$575M, slightly below the $572.19M estimate.
March 28, 2024 | 2:34 pm
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NEUTRAL IMPACT
Braze's financial guidance for Q1 and FY25 shows mixed results compared to analyst expectations, with a notably worse adjusted EPS forecast but slightly better revenue projections for Q1 and a slight miss on FY25 revenue.
The mixed financial guidance from Braze, with worse-than-expected EPS forecasts but better-than-expected revenue projections for Q1, suggests uncertainty in the short term. The significantly lower EPS forecast for FY25 compared to estimates may raise concerns about profitability, but the close alignment of revenue forecasts with estimates indicates stability in growth. This combination of factors leads to a neutral short-term impact score, as positive revenue projections may offset concerns about profitability.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100