• Cerence Inc CRNC.OQ CRNC.O is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

• The Burlington Massachusetts-based company is expected to report a 63.2% decrease in revenue to $50.844 million from $138.34 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on November 21 2024, for the period ended December 31, was for revenue between $47.00 million and $50.00 million.

• ​LSEG's mean analyst estimate for Cerence Inc is for a loss of 26 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "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 Cerence Inc is $10.00​, below​ its last closing price of $11.37. ​​​

The company's guidance on November 21 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 47 million and -6 million $(USD)$.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 4 at 21:43 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)