CS Disco (LAW) Expected to Announce Quarterly Earnings on Wednesday

CS Disco (NYSE:LAW) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect CS Disco to post earnings of ($0.11) per share and revenue of $36.12 million for the quarter. CS Disco has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

CS Disco (NYSE:LAW) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). CS Disco had a negative return on equity of 22.30% and a negative net margin of 38.51%. The business had revenue of $37.00 million during the quarter, compared to analysts’ expectations of $36.03 million. On average, analysts expect CS Disco to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CS Disco Stock Performance

LAW stock opened at $3.65 on Tuesday. The firm has a 50 day moving average price of $4.04 and a 200-day moving average price of $4.96. CS Disco has a 52-week low of $3.31 and a 52-week high of $8.20. The firm has a market capitalization of $221.95 million, a price-to-earnings ratio of -3.97 and a beta of 2.05.

Analyst Upgrades and Downgrades

LAW has been the topic of a number of recent research reports. Needham & Company LLC reissued a “buy” rating and issued a $8.00 target price on shares of CS Disco in a research note on Friday, February 21st. Jefferies Financial Group reduced their price objective on shares of CS Disco from $6.00 to $5.50 and set a “hold” rating for the company in a research note on Monday, January 6th.

Insider Buying and Selling at CS Disco

In other news, CFO Michael Lafair sold 13,146 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $5.19, for a total value of $68,227.74. Following the completion of the transaction, the chief financial officer now owns 865,793 shares in the company, valued at $4,493,465.67. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders have sold 22,995 shares of company stock worth $118,818. Insiders own 15.60% of the company’s stock.

CS Disco Company Profile

CS Disco, Inc provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters.