Digital Turbine Inc expected to post earnings of 37cents a share - Earnings Preview

Digital Turbine

07/02/2023 01:47

* Digital Turbine Inc  APPS.OQ   APPS.O  is expected to show
a
fall in quarterly revenue when it reports  results on February
8. 
    * The Austin Texas-based  company is expected to report  a
50.6% decrease in revenue to $185.525 million from $375.49
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
November 9 2022, for the period ended December 31, was for
revenue between $180.00 million and $190.00 million.
    * ​Refinitiv's mean analyst estimate for Digital Turbine Inc
is
for earnings of 37 cents per share. The company's EPS guidance
on November 9 2022, for the period ended December 31, was
between $0.36 and $0.39 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 $20​, above​ its last closing price of $16.78. ​​​

The company's guidance on November 9 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD180 million and
USD57 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.43        0.43       0.49      Beat    14
 ​​Sep.        0.39        0.39       0.44      Beat    13.6
 30 2021                                                
 Jun. 30 2021  0.31        0.31       0.34      Beat    8.8​
 Mar. 31 2021  0.21        0.20       0.25      Beat    28.2
 Dec. 31 2020  0.17        0.18       0.21      Beat    20
 This summary was machine generated February 7 at 01:47 GMT.  All
figures in US dollars  unless otherwise stated