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Stock impact report

Unity (U) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]

Procore Technologies, Inc. (PCOR) 
Company Research Source: Yahoo! Finance
Last quarter Unity reported revenues of $544.2 million, up 68.5% year on year, missing analyst expectations by 0.9%. It was a weak quarter for the company, with a miss of analysts' revenue estimates. The major negative, however, was that the company stopped providing financial guidance. Is Unity buy or sell heading into the earnings? Read our full analysis here, it's free This quarter analysts are expecting Unity's revenue to grow 22.7% year on year to $553.5 million, slowing down from the 42.8% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share. Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company missed Wall St's revenue estimates four times over the last two years. Looking at Unity's peers in the design software segment, some Show less Read more
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