C3.ai (NYSE:AI – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, September 4th. Analysts expect C3.ai to post earnings of ($0.13) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
C3.ai (NYSE:AI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The company reported ($0.59) EPS for the quarter, beating analysts’ consensus estimates of ($0.77) by $0.18. The company had revenue of $86.59 million during the quarter, compared to analysts’ expectations of $84.45 million. C3.ai had a negative return on equity of 30.95% and a negative net margin of 93.36%. On average, analysts expect C3.ai to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
C3.ai Trading Down 3.5 %
C3.ai stock opened at $23.50 on Wednesday. The stock has a 50-day moving average price of $27.00 and a two-hundred day moving average price of $26.98. C3.ai has a 12 month low of $20.23 and a 12 month high of $38.30. The company has a market capitalization of $2.93 billion, a PE ratio of -10.04 and a beta of 1.83.
Analyst Upgrades and Downgrades
View Our Latest Research Report on C3.ai
Insider Buying and Selling at C3.ai
In related news, CFO Hitesh Lath sold 3,005 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $27.56, for a total transaction of $82,817.80. Following the transaction, the chief financial officer now directly owns 7,390 shares of the company’s stock, valued at approximately $203,668.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 34.00% of the company’s stock.
About C3.ai
C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.
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