Countdown to Jamf Holding (JAMF) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

In its upcoming report, Jamf Holding (JAMF) is predicted by Wall Street analysts to post quarterly earnings of $0.22 per share, reflecting an increase of 37.5% compared to the same period last year. Revenues are forecasted to be $177.23 million, representing a year-over-year increase of 11.3%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.With that in mind, let's delve into the average projections of some Jamf Holding metrics that are commonly tracked and projected by analysts on Wall Street.It is projected by analysts that the 'Revenue- Non-subscription revenue- Professional services' will reach $2.58 million. The estimate indicates a year-over-year change of -19.2%.According to the collective judgment of analysts, 'Revenue- Subscription revenue' should come in at $174.74 million. The estimate suggests a change of +12% year over year.The combined assessment of analysts suggests that 'Revenue- Non-subscription revenue' will likely reach $2.59 million. The estimate indicates a change of -19.5% from the prior-year quarter.The consensus among analysts is that 'Revenue- Subscription revenue- On-premise subscription' will reach $5.82 million. The estimate points to a change of +26.9% from the year-ago quarter.Analysts' assessment points toward 'Revenue- Subscription revenue- SaaS subscription and support and maintenance' reaching $169.57 million. The estimate points to a change of +11.9% from the year-ago quarter.The consensus estimate for 'Annual Recurring Revenue (ARR)' stands at $718.34 million. Compared to the current estimate, the company reported $635.00 million in the same quarter of the previous year. View all Key Company Metrics for Jamf Holding here>>> Shares of Jamf Holding have demonstrated returns of +22.6% over the past month compared to the Zacks S&P 500 composite's +1.3% change. With a Zacks Rank #3 (Hold), JAMF is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Jamf Holding Corp. (JAMF): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks