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RingCentral (RNG) Earnings Date, Estimates & Call Transcripts

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$37.45 +0.29 (+0.78%)
(As of 12/20/2024 05:31 PM ET)

RingCentral Latest Earnings Summary

Actual EPS
(Nov. 7)
$0.24 Beat By $0.10
Consensus EPS
(Nov. 7)
$0.14

RingCentral issued Q3 2024 earnings on November 7, 2024, reporting an EPS of $0.24, which topped analysts' consensus estimates of $0.14 by $0.10. Quarterly revenue was reported to be $608.77 million, above the consensus estimate of $601.91 million. With a trailing EPS of -$1.06, RingCentral's earnings are expected to grow 53.57% next year, from $0.84 to $1.29 per share.

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RNG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RNG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

RingCentral Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20245-$0.07$0.02-$0.010.790 - 0.800
Q2 20245-$0.07$0.09$0.030.870 - 0.880
Q3 20245-$0.06$0.18$0.110.920 - 0.930
Q4 20245-$0.03$0.26$0.140.960 - 0.970
FY 202420-$0.23$0.55$0.28 
Q1 20253-$0.02$0.24$0.10 
Q2 20253-$0.02$0.23$0.10 
Q3 20251$0.29$0.29$0.29 
Q4 20251$0.25$0.25$0.25 
FY 20258$0.50$1.01 $0.74

RingCentral Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/7/2024Q3 2024$0.14$0.24+$0.10$0.57$601.91M$608.77M
8/1/2024Q2 2024$0.88$0.91+$0.03$0.44$586.39M$592.91M
5/7/2024Q1 2024$0.01$0.06+$0.05$0.43$577.81M$584.21M
2/20/2024Q4 2023-$0.02-$0.33 -$0.31-$0.16$569.65M$571.27M
11/6/2023Q3 2023-$0.08-$0.16 -$0.08$0.13$553.92M$558.16M
8/7/2023Q2 2023-$0.07-$0.03+$0.04$0.17$536.04M$539.31M
5/9/2023Q1 2023-$0.09-$0.16 -$0.07$0.25$527.66M$533.69M
2/15/2023Q4 2022-$0.19-$0.32 -$0.13$2.33$528.41M$524.75M

RingCentral Earnings - Frequently Asked Questions

RingCentral (NYSE:RNG) last announced its quarterly earning data on Thursday, November 7, 2024. Learn more on RNG's earnings history.

RingCentral issued an update on its fourth quarter 2024 earnings guidance on Thursday, November, 7th. The company provided EPS guidance of 0.960-0.970 for the period, compared to the consensus estimate of 0.950. The company issued revenue guidance of $611.0 million-$613.0 million, compared to the consensus revenue estimate of $616.0 million.

In the previous quarter, RingCentral (NYSE:RNG) reported $0.24 earnings per share (EPS) to beat the analysts' consensus estimate of $0.14 by $0.10. Learn more on analysts' earnings estimate vs. RNG's actual earnings.

The conference call for RingCentral's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for RingCentral's latest earnings report can be read online.
Read Transcript

RingCentral (NYSE:RNG) has a recorded annual revenue of $2.36 billion.

RingCentral (NYSE:RNG) has a recorded net income of -$165.24 million. RNG has generated -$1.06 earnings per share over the last four quarters.

RingCentral (NYSE:RNG) has a forward price-to-earnings ratio of 44.58. The price/earnings-to-growth ratio is 2.48.

RingCentral's earnings are expected to grow from $0.84 per share to $1.29 per share in the next year, which is a 53.57% increase.

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This page (NYSE:RNG) was last updated on 12/21/2024 by MarketBeat.com Staff
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