DocuSign has been one of the most searched-for stocks on Zacks.com lately, with shares returning +10.9% over the past month compared to the Zacks S&P 500 composite's -1.4% change, while the Zacks Internet - Software industry gained 3.7%. For the current quarter, DocuSign is expected to post earnings of $1.16 per share, a change of +14.9% from the year-ago quarter, and the Zacks Consensus Estimate has changed +0.3% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $4.57 points to a change of +19% from the prior year and has changed +2.1% over the last 30 days, while for the next fiscal year the consensus estimate of $5.18 indicates a change of +13.3% and has changed +1% over the past month. The consensus sales estimate for the current quarter is $887.84 million, a year-over-year change of +8.5%, with current and next fiscal year estimates of $3.5 billion and $3.78 billion indicating changes of +8.7% and +8%, respectively. DocuSign reported revenues of $875.75 million in the last reported quarter, a year-over-year change of +9.4%, with EPS of $1.16 versus $0.92 a year ago, beating the Zacks Consensus Estimate of $867.57 million by +0.94% on revenue and posting an EPS surprise of +7.41%, and the company is rated Zacks Rank #3 (Hold) with a Value Style Score of C.
DocuSign IncDocuSign's consensus earnings estimates have risen over the last 30 days and it beat the prior quarter's revenue and EPS estimates, supporting the positive estimate revisions.
