Guidewire Software Inc. (GWRE) reported first quarter non-GAAP EPS of $0.07 after the close Tuesday, compared to $0.08 in the previous year. Analysts expected EPS of $0.03. The company expects to report second quarter non-GAAP EPS of $0.13 to $0.16 and between $0.57 and $0.66 for the full year. The consensus estimates are for EPS of $0.14 and $0.61. The stock is now up 2.65 on 26K shares.
Guidewire Software climbed during the first half of the afternoon Tuesday and closed up by 1.22 at $60.55 on above average volume. The stock closed challenging the highs of the year, trading at a 4-month high.
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