DocuSign Inc reports results for the quarter ended April 30 - Earnings Summary

• DocuSign Inc DOCU reported quarterly adjusted earnings of 90 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 76 cents to 87 cents per share.

• Revenue rose 7.6% to $763.65 million from a year ago; analysts expected $748.13 million.

• DocuSign Inc's reported EPS for the quarter was 34 cents​.

• The company reported quarterly net income of $72.09 million.

• DocuSign Inc shares had risen by 15.3% this quarter and gained 4.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 17 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for DocuSign Inc is $90.00

This summary was machine generated from LSEG data June 5 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)