Digital Turbine Inc expected to post earnings of 18  cents a share - Earnings Preview

Digital Turbine

22/05/2023 21:52

* Digital Turbine Inc  APPS.OQ   APPS.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 24. 
    * The Austin Texas-based  company is expected to report  a
24.7% decrease in revenue to $138.657 million from $184.14
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Digital Turbine Inc
is
for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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 $13.5​, below​ its last closing price of $13.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.37        0.37       0.29      Missed  -21.7
 Sep. 30 2022  0.33        0.33       0.34      Beat    4.3
 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.        0.43        0.43       0.49      Beat    14
 31 2021                                                
 Sep. 30 2021  0.39        0.39       0.44      Beat    13.6​
 Jun. 30 2021  0.31        0.31       0.34      Beat    8.8
 Mar. 31 2021  0.21        0.20       0.25      Beat    28.2
 This summary was machine generated May 22 at 20:52 GMT.  All
figures in US dollars  unless otherwise stated