C3.ai (NYSE: AI) is set to report its first-quarter fiscal 2025 results on Sep 4.
AI expects revenues of $84-$89 million for the fiscal first quarter. The Zacks Consensus Estimate for revenues is pegged at $87.12 billion, suggesting 42% growth from the figure reported in the year-ago quarter.
The consensus mark for the quarterly loss is pegged at 13 cents per share, unchanged in the past 30 days. AI reported a loss of 9 cents per share in the year-ago quarter.
C3.ai's earnings beat the Zacks Consensus Estimate in the trailing four quarters, with an earnings surprise of 49.18%, on average.
Let us see how things have shaped up for AI shares prior to this announcement.
C3.ai, Inc. Price and EPS Surprise
C3.ai, Inc. price-eps-surprise | C3.ai, Inc. Quote
Factors to Note for AI
C3.ai's fiscal first-quarter performance is likely to have gained from C3 Generative AI solutions and increased demand for its Enterprise AI software.
C3.ai's efforts to diversify its customer base and engage with clients across various industries, such as manufacturing, federal, defense, aerospace and pharmaceuticals, are expected to have contributed significantly to revenue growth. Its expanding federal footprint has been a key catalyst.
However, the ongoing transition to a pay-as-you-go consumption ...
