DoubleVerify Holdings Inc reports results for the quarter ended in December - Earnings Summary
29/02/2024 03:02
* DoubleVerify Holdings Inc DV.N reported quarterly
adjusted
earnings of 19 cents per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 10 cents. The mean expectation of
nineteen analysts for the quarter was for earnings of 14 cents
per share. Wall Street expected results to range from 11 cents
to 22 cents per share.
* Revenue rose 28.9% to $172.23 million from a year ago;
analysts
expected $171.79 million.
* DoubleVerify Holdings Inc's reported EPS for the quarter
was 19
cents.
* The company reported quarterly net income of $33.11
million.
* DoubleVerify Holdings Inc shares had risen by 13.0% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer
group
is also "buy"
Wall Street's median 12-month price target for DoubleVerify
Holdings Inc is $44.00
This summary was machine generated from LSEG data February 29 at
03:02 a.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 0.14 0.19 Beat
Sep. 30 2023 0.06 0.08 Beat
Jun. 30 2023 0.06 0.07 Beat
Mar. 31 2023 0.04 0.07 Beat