Direct Digital Holdings Inc expected to post earnings of 11  cents a share - Earnings Preview

Direct Digital Holdings

08/08/2023 22:54

* Direct Digital Holdings Inc  DRCT.OQ   DRCT.O  is expected
to show a rise in quarterly revenue when it reports  results on
August 10. 
    * The Houston Texas-based  company is expected to report  a
36.4% increase in revenue to $28.99 million from $21.26 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Direct Digital
Holdings
Inc is for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 Direct
Digital
Holdings Inc is $6​, above​ its last closing price of $2.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.09       -0.08      -0.09     Missed  -9.1
 Dec. 31 2023  0.10        0.10       0.01      Missed  -89.7
 Sep. 30 2022  0.05        0.05       0.06      Beat    20​
 Jun. 30 2022  0.07        0.06       0.18      Beat    184.2
 ​​Mar.        -0.06       -0.06      -0.09     Missed  -38.5
 31 2022                                                
 Dec. 31 2021  -0.06       -0.06      -0.06     Met     4.6​
 This summary was machine generated August 8 at 21:54 GMT.  All
figures in US dollars  unless otherwise stated