Coupa Software (COUP) Scheduled to Post Quarterly Earnings on Monday

Coupa Software (NASDAQ:COUP) is scheduled to be announcing its earnings results after the market closes on Monday, June 3rd. Analysts expect the company to announce earnings of ($0.26) per share for the quarter. Coupa Software has set its Q1 2020 guidance at $-0.06–0.03 EPS and its FY 2020 guidance at $0.04-0.10 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Coupa Software (NASDAQ:COUP) last released its earnings results on Monday, March 11th. The technology company reported ($0.18) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.08. Coupa Software had a negative net margin of 21.33% and a negative return on equity of 14.28%. The company had revenue of $74.91 million for the quarter, compared to the consensus estimate of $68.07 million. On average, analysts expect Coupa Software to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Coupa Software stock opened at $109.21 on Friday. Coupa Software has a 12-month low of $50.81 and a 12-month high of $116.13. The firm has a market cap of $6.70 billion, a P/E ratio of -163.00 and a beta of 1.88.

A number of research analysts recently issued reports on COUP shares. JMP Securities reiterated a “hold” rating on shares of Coupa Software in a research report on Wednesday, March 13th. Oppenheimer boosted their target price on shares of Coupa Software from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, March 13th. Zacks Investment Research upgraded shares of Coupa Software from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research report on Thursday, March 14th. Loop Capital upped their price objective on shares of Coupa Software to $105.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th. Finally, KeyCorp initiated coverage on shares of Coupa Software in a report on Tuesday, April 30th. They set an “overweight” rating and a $123.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Coupa Software currently has an average rating of “Buy” and an average price target of $96.80.

In other Coupa Software news, CAO Anthony D. Tiscornia sold 901 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $96.19, for a total transaction of $86,667.19. Following the transaction, the chief accounting officer now owns 828 shares in the company, valued at $79,645.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Anthony D. Tiscornia sold 781 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $95.65, for a total transaction of $74,702.65. Following the transaction, the insider now owns 521 shares in the company, valued at approximately $49,833.65. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 327,556 shares of company stock worth $31,884,160. Corporate insiders own 5.30% of the company’s stock.

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Coupa Software Company Profile

Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.

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Earnings History for Coupa Software (NASDAQ:COUP)

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