Criteo SA reports results for the quarter ended in June - Earnings Summary

Criteo SA (Pre-Reincorporation)

01/08/2024 14:54

* Criteo SA  CRTO.OQ  reported quarterly adjusted earnings
of
$1.08​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 49
cents.  The mean expectation of eleven analysts for the quarter
was for earnings of 77 cents per share. Wall Street expected
results to range from 71 cents to 87 cents per share.
    * Revenue rose 11.2% to $267.09 million from a year ago;
analysts
expected $263.62 million. 
    * Criteo SA's reported EPS for the quarter was 46 cents​.
    * The company reported quarterly net income of $26.99
million.
    * Criteo SA shares had risen by 18.1% this quarter and
gained 75.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for Criteo SA is
$45.00 
This summary was machine generated from LSEG data August 1 at
01:54 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.77           1.08           Beat
 Mar. 31 2024      0.54           0.80           Beat
 Dec. 31 2023      1.23           1.52           Beat
 Sep. 30 2023      0.61           0.71           Beat