Upland Software Inc reports results for the quarter ended September 30 - Earnings Summary

• Upland Software Inc reported quarterly adjusted earnings of $1.71​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.00. The lone analyst forecast for the quarter was for earnings of $1.60 per share.

• Revenue fell 5.9% to $47.53 million from a year ago; analysts expected $47.24 million.

• Upland Software Inc's reported EPS for the quarter was a loss of 67 cents​.

• The company reported a quarterly loss of $451 thousand.

• Upland Software Inc shares had risen by 18.3% this quarter and lost 70.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Upland Software Inc is $10.00, about 53% above its last closing price of $4.70

This summary was machine generated from LSEG data November 5 at 01:05 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)