NYSE - Delayed Quote • USD
RingCentral, Inc. (RNG)
At close: April 25 at 4:00 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 22 | 22 | 24 | 23 |
| Avg. Estimate | 0.8 | 0.85 | 3.55 | 4.05 |
| Low Estimate | 0.78 | 0.83 | 3.47 | 3.74 |
| High Estimate | 0.85 | 0.9 | 3.69 | 4.3 |
| Year Ago EPS | 0.76 | 0.83 | 3.23 | 3.55 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 22 | 22 | 24 | 23 |
| Avg. Estimate | 578.17M | 585.54M | 2.38B | 2.58B |
| Low Estimate | 576.5M | 579.72M | 2.37B | 2.54B |
| High Estimate | 579.9M | 591.8M | 2.39B | 2.64B |
| Year Ago Sales | 533.69M | 536.19M | 2.2B | 2.38B |
| Sales Growth (year/est) | 8.30% | 9.20% | 8.20% | 8.30% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.69 | 0.75 | 0.75 | 0.82 |
| EPS Actual | 0.76 | 0.83 | 0.78 | 0.86 |
| Difference | 0.07 | 0.08 | 0.03 | 0.04 |
| Surprise % | 10.10% | 10.70% | 4.00% | 4.90% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.8 | 0.85 | 3.55 | 4.05 |
| 7 Days Ago | 0.8 | 0.85 | 3.55 | 4.05 |
| 30 Days Ago | 0.8 | 0.85 | 3.55 | 4.05 |
| 60 Days Ago | 0.81 | 0.85 | 3.56 | 4.1 |
| 90 Days Ago | 0.82 | 0.85 | 3.52 | 4 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | RNG | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 5.30% | -- | -- | 2.60% |
| Next Qtr. | 2.40% | -- | -- | 13.40% |
| Current Year | 9.90% | -- | -- | 5.20% |
| Next Year | 14.10% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -48.80% | -- | -- | 11.11% |
| Past 5 Years (per annum) | 38.37% | -- | -- | -- |
Research Analysis
Upgrades & Downgrades
| Maintains | Morgan Stanley: Equal-Weight to Equal-Weight | 4/17/2024 |
| Maintains | Keybanc: Overweight to Overweight | 2/21/2024 |
| Maintains | Wells Fargo: Equal-Weight to Equal-Weight | 2/21/2024 |
| Maintains | Goldman Sachs: Neutral to Neutral | 2/21/2024 |
| Maintains | Mizuho: Buy to Buy | 2/21/2024 |
| Maintains | Piper Sandler: Neutral to Neutral | 2/21/2024 |
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