Guidewire Software Set to Announce Q2 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy GWRE?
Source: seekingalpha
- Earnings Announcement Date: Guidewire Software is set to release its Q2 2023 earnings on March 5th after market close, with consensus EPS estimate at $0.77 and revenue at $342.88 million, which, if achieved, would further solidify its position in the industry.
- Performance Beat Record: Over the past two years, Guidewire has surpassed EPS and revenue estimates 88% of the time, a track record that not only boosts investor confidence but also lays a strong foundation for future growth.
- Expectation Adjustment Trend: In the last three months, EPS estimates have seen 9 upward revisions and 1 downward revision, while revenue estimates have experienced 10 upward revisions and 1 downward revision, indicating a growing optimism in the market regarding Guidewire's future performance.
- Share Repurchase Plan: Guidewire recently approved a new $500 million share repurchase plan aimed at enhancing shareholder value by reducing the number of shares outstanding, reflecting the company's confidence in its future growth prospects.
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Analyst Views on GWRE
Wall Street analysts forecast GWRE stock price to rise
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 168.870
Low
245.00
Averages
279.60
High
305.00
Current: 168.870
Low
245.00
Averages
279.60
High
305.00
About GWRE
Guidewire Software, Inc. delivers a platform that property and casualty insurers trust to engage, innovate and grow efficiently. The Company's core products include InsuranceSuite Cloud, InsuranceNow, and InsuranceSuite for self-managed installations. These products are transactional systems of record that support the entire insurance lifecycle, including insurance product definition, distribution, underwriting, policyholder services, and claims management. It also sells digital engagement and analytics products. Its digital engagement products enable digital sales, omnichannel service, and enhanced claims experiences for policyholders, agents, vendor partners, and field personnel. Its InsuranceSuite Cloud is a configurable and scalable product, delivered as a service, and primarily comprised of three core applications (PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud) that can be subscribed to separately or together.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Segment Revenue Insights: Subscription and support revenue rose 33% year-over-year to $237.2 million, while services revenue increased by 30% to $62.4 million; however, license revenue fell 7% to $59.5 million, reflecting challenges during the company's transition.
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- Share Buyback Update: Guidewire authorized a new $500 million share repurchase program in January 2026, demonstrating confidence in its value, while $490 million remains under the buyback program as of January 31, 2026, further bolstering investor confidence.
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