Momentive (MNTV) Q4 Earnings: What To Expect

Anthony Lee /
2023/02/15 4:44 am EST
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Online survey platform Momentive (NASDAQ:MNTV) will be reporting results tomorrow after the bell. Here's what to look for.

Last quarter Momentive reported revenues of $121.4 million, up 5.77% year on year, in line with analyst expectations. It was a weak quarter for the company, with underwhelming revenue guidance for the next quarter and decelerating customer growth. The company lost 12,200 customers and ended up with a total of 897,500.

Is Momentive buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Momentive's revenue to grow 3.37% year on year to $121.3 million, slowing down from the 16.2% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.10 per share.

Momentive Total Revenue

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 twice over the last two years.

Looking at Momentive's peers in the sales and marketing software segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Qualtrics delivered top-line growth of 23.1% year on year, beating analyst estimates by 2.09% and LiveRamp reported revenues up 12.8% year on year, exceeding estimates by 0.55%. Qualtrics traded up 1.25% on the results, and LiveRamp was up 4.99%. Read our full analysis of Qualtrics's results here and LiveRamp's results here.

There has been positive sentiment among investors in the software segment, with the stocks up on average 14.3% over the last month. Momentive is up 6.63% during the same time, and is heading into the earnings with analyst price target of $11.1, compared to share price of $7.72.

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The author has no position in any of the stocks mentioned.