Digital Turbine Inc expected to post earnings of 4 cents a share - Earnings Preview

Digital Turbine

06/08/2024 03:02

* Digital Turbine Inc  APPS.OQ   APPS.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Austin Texas-based  company is expected to report a
20.7% decrease in revenue to $116.033 million from $146.37
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Digital Turbine Inc is
for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $3.00​, above​ its last closing price of $1.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.07        0.07       0.12      Beat    82.4
 Jan. 1 2024   0.17        0.17       0.15      Missed  -12.8
 Sep. 30 2023  0.14        0.14       0.13      Missed  -10.1​
 Jun. 30 2023  0.13        0.13       0.18      Beat    42
 ​​Mar.        0.18        0.18       0.14      Missed  -21.2
 31 2023                                                
 Dec. 31 2022  0.37        0.37       0.29      Missed  -21.7​
 Sep. 30 2022  0.33        0.33       0.34      Beat    4.3
 Jan. 1 0001   0.35        0.35       0.38      Beat    9.1
 This summary was machine generated August 6 at 02:01 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)