Exploring Analyst Estimates for Rapid7 (RPD) Q1 Earnings, Beyond Revenue and EPS

Wall Street analysts forecast that Rapid7 (RPD) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 36.4%. It is anticipated that revenues will amount to $208.45 million, exhibiting an increase of 1.6% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 1.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Rapid7 metrics that Wall Street analysts commonly model and monitor.According to the collective judgment of analysts, 'Revenue- Professional services' should come in at $6.80 million. The estimate indicates a change of -16.9% from the prior-year quarter.The average prediction of analysts places 'Revenue- Products' at $202.25 million. The estimate indicates a change of +2.7% from the prior-year quarter.The combined assessment of analysts suggests that 'Annualized recurring revenue' will likely reach $840.83 billion. The estimate compares to the year-ago value of $807.20 billion.Analysts' assessment points toward 'Number of customers' reaching 11,631. The estimate is in contrast to the year-ago figure of 11,462.Based on the collective assessment of analysts, 'ARR per customer' should arrive at $72,342.91. Compared to the current estimate, the company reported $70,400 in the same quarter of the previous year.Analysts forecast 'Non-Gaap Gross Profit- Products' to reach $152.07 million. The estimate compares to the year-ago value of $148.80 million.View all Key Company Metrics for Rapid7 here>>>Over the past month, Rapid7 shares have recorded returns of -0.9% versus the Zacks S&P 500 composite's +11.3% change. Based on its Zacks Rank #3 (Hold), RPD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want 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 Rapid7, Inc. (RPD): 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