A Look Ahead: Docebo's Earnings Forecast

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Docebo DCBO will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Docebo to report an earnings per share (EPS) of $0.19.

Docebo bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

Last quarter the company beat EPS by $0.09, which was followed by a 0.12% increase in the share price the next day.

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

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.17 0.14 0.08 0.06
EPS Actual 0.26 0.23 0.25 0.15
Price Change % 0.0% -23.0% 16.0% 2.0%

eps graph

Stock Performance

Shares of Docebo were trading at $50.49 as of November 06. Over the last 52-week period, shares are up 12.11%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Docebo visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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