Countdown to Jamf Holding (JAMF) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - Wall Street analysts anticipate Jamf Holding (JAMF) will report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 112.5$157.69 million, which represents a 10.6% increase from the same quarter last year [1] Earnings Estimates - Over the past 30 days, there has been a downward revision of 33.3% in the consensus EPS estimate for the quarter, indicating a reassessment by analysts of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts project 'Revenue- Subscription revenue- SaaS subscription and support and maintenance' to be $150.23 million, indicating a year-over-year change of +12.4$4.55 million, suggesting a year-over-year decline of -7.2% [5] - 'Revenue- Subscription revenue' is expected to reach $154.77 million, reflecting an increase of +11.7$2.93 million, indicating a significant year-over-year decline of -25.9% [6] Annual Recurring Revenue (ARR) - Analysts estimate 'Annual Recurring Revenue (ARR)' to be $634.90 million, up from$566.30 million reported in the same quarter last year [7] Stock Performance - Shares of Jamf Holding have shown a return of +2.6% over the past month, outperforming the Zacks S&P 500 composite, which increased by +0.7% [7] - Jamf Holding holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]