Duck Creek Technologies (DCT) Stock Sinks 11% Despite Q4 Beat as Guidance Subdued
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UPDATE: Duck Creek Technologies (DCT) PT Lowered to $48 at BofA Securities
October 15, 2021 7:58 AM EDT(Updated - October 15, 2021 7:59 AM EDT)
BofA Securities analyst Brad Sills lowered the price target on Duck Creek Technologies (NASDAQ: DCT) to $48.00 (from $50.00) while maintaining a Buy rating following updated guiance.
The analyst commented, "Duck Creek reported mixedQ4 results with decelerating subscription ARR... More
Duck Creek Technologies (DCT) Tops Q4 EPS by 1c, Offers Guidance
October 14, 2021 4:08 PM EDTDuck Creek Technologies (NASDAQ: DCT) reported Q4 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $70.9 million versus the consensus estimate of $69.09 million.
GUIDANCE:
Duck Creek Technologies sees Q1 2022 revenue of $68-70 million, versus the... More
