Jamf Holding Corp (JAMF) Q3 2024 Earnings Report Preview: What to Look For

Author's Avatar
Nov 06, 2024
Article's Main Image

Jamf Holding Corp (JAMF, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $157.57 million, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $624.07 million and the earnings are expected to be -$0.54 per share. More detailed estimate data can be found on the Forecast page.

Jamf Holding Corp (JAMF, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Jamf Holding Corp (JAMF) for the full year 2024 have increased from $620.82 million to $624.07 million. For 2025, the revenue estimates have risen from $704.53 million to $705.28 million. Similarly, earnings estimates have improved from -$0.61 per share to -$0.54 per share for the full year 2024, and from -$0.28 per share to -$0.26 per share for 2025.

Jamf Holding Corp (JAMF, Financial) Reported History

In the previous quarter of June 30, 2024, Jamf Holding Corp's (JAMF) actual revenue was $153.02 million, which beat analysts' revenue expectations of $151.74 million by 0.84%. Jamf Holding Corp's (JAMF) actual earnings were -$0.15 per share, which beat analysts' earnings expectations of -$0.165 per share by 9.09%. After releasing the results, Jamf Holding Corp (JAMF) was up by 2.45% in one day.

1854135612853088256.png

Jamf Holding Corp (JAMF, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 10 analysts, the average target price for Jamf Holding Corp (JAMF) is $22.50 with a high estimate of $30 and a low estimate of $19. The average target implies an upside of 31.5% from the current price of $17.11.

Based on GuruFocus estimates, the estimated GF Value for Jamf Holding Corp (JAMF, Financial) in one year is $28.54, suggesting an upside of 66.8% from the current price of $17.11.

Based on the consensus recommendation from 10 brokerage firms, Jamf Holding Corp's (JAMF, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1854135668708634624.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.