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RingCentral (RNG) Earnings Date, Estimates & Call Transcripts

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$35.78 -0.96 (-2.61%)
(As of 11/15/2024 ET)

RingCentral Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 18Estimated
Actual EPS
(Nov. 7)
$0.24 Beat By $0.10
Consensus EPS
(Nov. 7)
$0.14

RingCentral posted Q3 2024 earnings on November 7, 2024, reporting an EPS of $0.24, which beat analysts' consensus estimates of $0.14 by $0.10. Quarterly revenue was reported to be $608.77 million, above analyst estimates of $601.91 million. With a trailing EPS of -$1.06, RingCentral's earnings are expected to grow 46.43% next year, from $0.84 to $1.23 per share.

RNG Upcoming Earnings

RingCentral's next earnings date is estimated for Tuesday, February 18, 2025, based off prior year's reporting schedules.

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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 RevenueLinks
2/18/2025
(Estimated)
------- 
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 has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 18th, 2025 based off last year's report dates. Learn more on RNG's earnings history.

RingCentral updated 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 earnings per share 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 $2.20 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 42.60. The price/earnings-to-growth ratio is 2.27.

RingCentral's earnings are expected to grow from $0.84 per share to $1.23 per share in the next year, which is a 46.43% increase.

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This page (NYSE:RNG) was last updated on 11/17/2024 by MarketBeat.com Staff
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