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MicroStrategy (MSTR) To Report Earnings Tomorrow: Here Is What To Expect

MSTR Cover Image

Business analytics software company MicroStrategy (NASDAQ: MSTR) will be announcing earnings results this Thursday after market hours. Here’s what to look for.

MicroStrategy missed analysts’ revenue expectations by 4.6% last quarter, reporting revenues of $111.1 million, down 3.6% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ billings estimates.

Is MicroStrategy a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting MicroStrategy’s revenue to grow 1.5% year on year to $113.1 million, a reversal from the 7.4% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.03 per share.

MicroStrategy Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at MicroStrategy’s peers in the data and analytics software segment, only Commvault Systems has reported results so far. It beat analysts’ revenue estimates by 5.2%, delivering year-on-year sales growth of 25.5%.

Read our full analysis of Commvault Systems’s earnings results here.

There has been positive sentiment among investors in the data and analytics software segment, with share prices up 2.4% on average over the last month. MicroStrategy is down 2% during the same time and is heading into earnings with an average analyst price target of $541.69 (compared to the current share price of $396.02).

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