A Look at SolarWinds's Upcoming Earnings Report

SolarWinds (NYSE:SWI) will release its quarterly earnings report on Thursday, 2024-10-31. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate SolarWinds to report an earnings per share (EPS) of $0.25.

Investors in SolarWinds are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.03, leading to a 4.22% drop in the share price the following trading session.

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

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.23

0.22

0.21

0.18

EPS Actual

0.26

0.29

0.24

0.23

Price Change %

-4.0%

1.0%

-1.0%

2.0%

Analyst Views on SolarWinds

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

Analysts have given SolarWinds a total of 2 ratings, with the consensus rating being Neutral. The average one-year price target is $13.5, indicating a potential 8.0% upside.

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