Digital Turbine Inc expected to post earnings of 17 cents a share - Earnings Preview

Digital Turbine

05/02/2024 21:33

* Digital Turbine Inc  APPS.OQ   APPS.O  is expected to show
a
fall in quarterly revenue when it reports  results on February 7
for the period ending December 31 2023
    * The Austin Texas-based  company is expected to report a
9.9% decrease in revenue to $146.207 million from $162.31
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on November
8 2023, for the period ended December 31, was for revenue
between $144.00 million and $150.00 million. (Majority is on
Total Revenue Basis)
    * ​LSEG's mean analyst estimate for Digital Turbine Inc is
for
earnings of 17 cents per share. The company's EPS guidance on
November 8 2023, for the period ended December 31, was between
$0.16 and $0.19 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $5.50​, above​ its last closing price of $5.35. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD144 million and
USD31 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.14        0.14       0.13      Missed  -10.1
 Jun. 30 2023  0.13        0.13       0.18      Beat    42
 Mar. 31 2023  0.18        0.18       0.14      Missed  -21.2​
 Dec. 31 2022  0.37        0.37       0.29      Missed  -21.7
 ​​Sep.        0.33        0.33       0.34      Beat    4.3
 30 2022                                                
 Jun. 30 2022  0.35        0.35       0.38      Beat    9.1​
 Mar. 31 2022  0.39        0.39       0.39      Met     -0.3
 Dec. 31 2021  0.43        0.43       0.49      Beat    14
 This summary was machine generated February 5 at 21:33 GMT.  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)