ETWO Stock Rises Ahead Of Earnings: Retail Remains Neutral

SaaS-based supply chain software maker E2Open Parent Holdings’ stock was up nearly 1% on Wednesday before the company’s second-quarter earnings release, eliciting a neutral stance from retail investors.

Analyst estimates for its earnings stand at about $0.02 on revenue of $154.8 million. The company missed analyst estimates in the previous quarterly earnings. However, for its fiscal 2024 annual earnings, its EPS performance beat analyst estimates.

Sentiment on the stock was ‘neutral’ (52/100) while the message volume was ‘extremely high’. (87/100).

In July, the company reaffirmed its guidance for fiscal 2025, with subscription revenue expected to range between $532 million and $542 million, reflecting flat growth year-on-year.  

For the fiscal second quarter of 2025, it expects a range of $129 million and $132 million, reflecting a negative 3.1% organic growth rate at the midpoint, the company said in an earlier statement

E2Open, which serves a variety of industries including technology, food and beverage, and pharmaceuticals has seen its stock dwindle 7.3% year-to-date. It is significantly below the $13.38 price it saw in 2021. 
 

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