Quarterly EPS Estimate For New Relic, Inc. (NYSE:NEWR) Cited At $-0.29


The average EPS estimate for New Relic, Inc. (NYSE:NEWR) for the three months ending 2016-12-31 is given as $-0.29.

You find that 7 days ago, the average EPS estimate on the stock was $-0.29, while for the 30 days ago the average EPS estimate stood at $-0.29.

If you look back further, you see that the average EPS estimate for New Relic, Inc. (NYSE:NEWR) 60 days ago was given as -0.29, while EPS estimate 90 days ago was quoted at $-0.29.

The change in the stock’s EPS estimate over the last 7 days works out to 0%.

EPS estimate revisions

Over the last 7 days, EPS estimates for New Relic, Inc. (NYSE:NEWR) have been revised up 0 times. In the same period, the EPS estimate has been revised down 0 times.

In the last 30 days, the stock has had its EPS estimate revised up 0 and it has been revised up 0 times over the last 60 days.

Up revisions in the last 90 days are 0 and up revisions in the last 120 days are 2.

But for the last 18 days, the company has seen its EPS revised up 2 times, offset by 1 down revisions in the same period.

The down revisions of EPS in last 30, 60, 90 and 120 days were 1, 1, 1 and 1.

What About EPS Surprises

Analysts predicted EPS of $-0.29 for New Relic, Inc. (NYSE:NEWR) for the period ended 1. But the company ended up posting actual EPS of $-0.34 on 2016-08-02. The EPS estimate cited was worked out based on 3 estimates that analysts had issued on the stock.

Therefore, New Relic, Inc. (NYSE:NEWR) posted EPS surprise of $0.02 per share in dollar terms, which works out to 5.56%. The standard deviation of the actual EPS reported by the company and the average EPS estimate immediately before the earnings were released works out to $0.03.

Quarterly Sales Estimates

For the fiscal year 2018, the mean and median annual sales estimates for the company are given as $87.055 and $87.153. The estimates are based on the projections of 5 analysts.

So far, the highest annual sales estimate for New Relic, Inc. (NYSE:NEWR) stands at$90.5. That compares with the lowest annual sales estimate of $81.28. Calculating the standard deviation of the extreme annual sales estimates leads you to 3.696%.

Annual sales estimate adjustments

In the last 7 days, 5 analysts have raised their annual sales estimates for the company. But over the same period, 5 analysts have trimmed their annual sales estimates.

With that, you find that the percentage change in mean annual sales estimate in the last 7 days works out to 0%.

Over the last one month, though, 5 analysts moved to raise their sales estimates for New Relic, Inc. (NYSE:NEWR). That compares with 5 analysts who cut their sales estimate for the company in the same period. That leads you to 0.254% as the mean sales estimate change over the last one month.

If you look back further, you see that over the last three months, 5 analysts have moved raise their sales estimates New Relic, Inc. (NYSE:NEWR). That offset by 5 analysts who in the same period lowered their sales estimates for the stock. That works out to percentage change in mean sales estimate of 0.254% over a period of three months.

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