GoodRx Holdings Inc reports results for the quarter ended in June - Earnings Summary

GoodRx Holdings

08/08/2024 14:31

* GoodRx Holdings Inc  GDRX.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 7 cents.  The mean expectation of
eighteen analysts for the quarter was for earnings of 9 cents
per share. Wall Street expected results to range from 8 cents
to 11 cents per share.
    * Revenue rose 5.8% to $200.61 million from a year ago;
analysts
expected $200.44 million. 
    * GoodRx Holdings Inc's reported EPS for the quarter was 2
cents​.
    * The company reported quarterly net income of $6.69
million.
    * GoodRx Holdings Inc shares had risen by 10.4% this
quarter and
gained 28.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for GoodRx Holdings
Inc is $9.50 
This summary was machine generated from LSEG data August 8 at
01:30 p.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
 Jun. 30 2024      0.09           0.08           Missed
 Mar. 31 2024      0.08           0.08           Met
 Dec. 31 2023      0.07           0.08           Beat
 Sep. 30 2023      0.06           0.06           Met