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C3.ai Q3 Earnings Preview: Earnings Estimates, Analysts Thoughts On Underwhelming Growth, Looking Ahead To C3 Transform

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Enterprise application software company C3.ai Inc (NYSE:AI) reports third-quarter financial results after market close Wednesday.

Here are the key earnings estimates, what analysts are saying and key items to watch.

Earnings Estimates: Analysts expect C3.ai to report third-quarter revenue of $76.15 million according to data from Benzinga Pro.

The company reported revenue of $66.67 million in last year’s third quarter. The revenue estimate would mark a company record after C3.ai reported revenue of $72.36 million and $73.23 million in the first and second quarters of the current fiscal year, respectively.

The company has beaten revenue estimates from analysts in eight of the last 10 quarters.

Analysts expect C3.ai to report a loss of 28 cents per share in the third quarter. This would be a decline from the loss of 6 cents posted in the prior year’s period. The company posted a loss of 9 cents per share and 13 cents per share in the first and second quarters, respectively.

The company has beaten earnings per share estimates from analysts in the last 10 straight quarters.

Guidance from the company calls …

Full story available on Benzinga.com

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