Exhibit 99.1 Guidewire Announces Fourth Quarter and Fiscal Year 2024 Financial Results SAN MATEO, Calif., September 5, 2024 - Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter and year ended July 31, 2024. "We finished the year with record fourth quarter sales activity and fully ramped ARR growth of 19%," said Mike Rosenbaum, chief executive officer, Guidewire. "We enter the new fiscal year positioned well to continue accelerating modernization programs in the P&C industry ...

Sundry Photography Guidewire Software: Investment Thesis Since my December 2023 article, "Guidewire Software: Time To Take Some Money Off The Table," the Guidewire Software, Inc. (NYSE:GWRE) share price has increased by 46.44%, while the S&P 500 (SP500) has increased by 22.93%. So, I am reminded again, Mr. Market can show a lack of understanding of factors affecting the intrinsic value of a stock for long periods of time. And in the case of Guidewire Software, I am not overly surprised at Mr. Market's lack ...

Guidewire Software, Inc. (GWRE) is slated to report fourth-quarter fiscal 2024 results on Sept. 5. Management expects revenues in the range of $279-$287 million. The Zacks Consensus Estimate is pegged at $283.2 million, indicating a 4.9% increase from the prior-year quarter. The consensus estimate for the bottom line is pegged at 52 cents, unchanged in the past 60 days. GWRE reported earnings of 74 cents per share in the year-ago period. GWRE has a trailing four-quarter earnings surprise of 109.2%, on avera ...

Guidewire Software (GWRE) shares have been performing well on the trading front with a gain of 36.1% year to date (YTD) compared with the S&P 500 composite and sub-industry's growth of 17.6% and 10.3%, respectively. The stock is still down 3.5% from its 52-week high of $153.85. Improving financial performance is buoying the good run on the trading front. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 109.2% Guidewire is a prov ...

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Guidewire Software currently has a Zacks Rank of #2 (Buy). Our research shows that ...

Guidewire Software NYSE: GWRE stock price has increased 150% in the last eighteen months because of the utility it provides insurers. The company operates as a B2B cloud-based SaaS that provides a suite of platforms for property and casualty insurers. The suite can be used piecemeal or as an end-to-end solution for group and self-managed plans. Guidewire Software Today | --- | --- | --- | --- | |----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | GWRE | | | | | Guidewir ...

Guidewire is a provider of software solutions for P&C insurers. Its cloud platform boasts a trusted infrastructure with modular and interconnected cloud services to aid insurers in upgrading their core operations. The platform has scalability as well as the ability to embed analytics and core workflows. The company updates its cloud platform thrice a year to keep the system agile and nimble amid a constantly evolving P&C industry. Since the last earnings announcement on Jun 4, its shares have surged 25.5%. ...

So, the market has re-rated GWRE's EV/Sales multiple as inflation has cooled, insurers have begun making buying decisions and the company's operating losses have been reduced. But does GWRE have a significant price growth runway for upside ahead? I suppose it depends on whether you believe inflation will continue to abate further and the company will make additional progress on earnings per share. I confess to being in a 'wait-and-see' mode, as over the past year, we may have seen previously delayed buying ...

Guidewire Software (GWRE) recently announced that rural insurer company FMG has chosen Guidewire InsuranceSuite, available on the Guidewire Cloud platform, to support its core business operations. By migrating to Guidewire Cloud, FMG expects to streamline its IT operations significantly, allowing the organization to adapt promptly to market fluctuations and evolving customer demands, thereby facilitating its continuous expansion in the insurance market. The company's premium solutions include InsuranceSuite ...

Value Score But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GWRE should be on investors' short list. It also includes access to the Zacks Style Scores. The Style Scores are broken down into four categories: The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, ...