Penguin Solutions Inc expected to post earnings of 78 cents a share - Earnings Preview
Penguin Solutions Inc PENG.O is expected to show a rise in quarterly revenue when it reports results on October 6 for the period ending August 31 2026
The Fremont California-based company is expected to report a 52.7% increase in revenue to $516.115 million from $337.92 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Penguin Solutions Inc is for earnings of 78 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Penguin Solutions Inc is $77.50, about 41% above its last closing price of $54.98
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
May. 31 2026 | 0.55 | 0.54 | 0.84 | Beat | 55.6 |
Feb. 28 2026 | 0.42 | 0.42 | 0.52 | Beat | 23.1 |
Nov. 30 2025 | 0.43 | 0.44 | 0.49 | Beat | 12.5 |
Aug. 31 2025 | 0.38 | 0.38 | 0.43 | Beat | 14.4 |
May. 31 2025 | 0.32 | 0.32 | 0.47 | Beat | 45.8 |
Feb. 28 2025 | 0.37 | 0.38 | 0.52 | Beat | 36.2 |
Nov. 30 2024 | 0.39 | 0.39 | 0.49 | Beat | 25 |
Aug. 31 2024 | 0.40 | 0.40 | 0.37 | Missed | -7.6 |
This summary was machine generated October 2 at 20:01 GMT. 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)