GoDaddy Inc reports results for the quarter ended in September 30 - Earnings Summary

GoDaddy

31/10/2024 02:52

* GoDaddy Inc  GDDY.N  reported quarterly adjusted earnings
of
$1.32​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 90 cents.  The mean expectation of sixteen analysts for the
quarter was for earnings of $1.23 per share. Wall Street
expected results to range from $1.09  to $1.38 per share.
    * Revenue rose 7.3% to $1.15 billion from a year ago;
analysts
expected $1.14 billion. 
    * GoDaddy Inc's reported EPS for the quarter was $1.32​.
    * The company reported quarterly net income of $190.5
million.
    * GoDaddy Inc shares had risen by 2.9% this quarter and
gained 52.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for GoDaddy Inc is
$172.00 
This summary was machine generated from LSEG data October 31 at
02:51 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
 Sep. 30 2024      1.23           1.32           Beat
 Jun. 30 2024      1.07           1.01           Missed
 Mar. 31 2024      0.96           2.76           Beat
 Dec. 31 2023      1.04           7.85           Beat