DocuSign (DOCU) Reports Earnings Tomorrow: What To Expect

DOCU Cover Image

E-signature company DocuSign (DOCU) will be reporting results tomorrow after market close. Here’s what you need to know.

DocuSign beat analysts’ revenue expectations by 1.3% last quarter, reporting revenues of $754.8 million, up 7.8% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ billings estimates and a decent beat of analysts’ EBITDA estimates.

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

This quarter, analysts are expecting DocuSign’s revenue to grow 6.9% year on year to $761.5 million, slowing from the 8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.85 per share.

DocuSign Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DocuSign has missed Wall Street’s revenue estimates twice over the last two years.

Looking at DocuSign’s peers in the productivity software segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Dropbox delivered year-on-year revenue growth of 1.4%, beating analysts’ expectations by 0.7%, and Box reported revenues up 6.3%, in line with consensus estimates. Dropbox traded down 16.2% following the results while Box was also down 3.4%.

Read our full analysis of Dropbox’s results here and Box’s results here.

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  224.21
+3.12 (1.41%)
AAPL  262.82
+3.24 (1.25%)
AMD  252.92
+17.93 (7.63%)
BAC  52.57
+0.81 (1.56%)
GOOG  260.51
+6.78 (2.67%)
META  738.36
+4.36 (0.59%)
MSFT  523.61
+3.05 (0.59%)
NVDA  186.26
+4.10 (2.25%)
ORCL  283.33
+3.26 (1.16%)
TSLA  433.72
-15.26 (-3.40%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.