An Overview of Tenable Holdings's Earnings

Tenable Holdings (NASDAQ:TENB) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-30. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Tenable Holdings will report an earnings per share (EPS) of $0.29.

The announcement from Tenable Holdings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

Last quarter the company beat EPS by $0.07, which was followed by a 7.49% drop in the share price the next day.

Here's a look at Tenable Holdings's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.24

0.18

0.14

0.18

EPS Actual

0.31

0.25

0.25

0.23

Price Change %

-7.000000000000001%

0.0%

5.0%

-16.0%

Performance of Tenable Holdings Shares

Shares of Tenable Holdings were trading at $40.65 as of October 28. Over the last 52-week period, shares are down 1.23%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analysts' Perspectives on Tenable Holdings

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Tenable Holdings.

Analysts have provided Tenable Holdings with 16 ratings, resulting in a consensus rating of Buy. The average one-year price target ...