LegalZoom.com Inc reports results for the quarter ended in December - Earnings Summary

LegalZoom.com

23/02/2024 03:02

* LegalZoom.com Inc  LZ.OQ  reported quarterly adjusted
earnings
of 13 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
seven analysts for the quarter was for earnings of 10 cents per
share. Wall Street expected results to range from 9 cents to 12
cents per share.
    * Revenue rose 8.2% to $158.66 million from a year ago;
analysts
expected $156.54 million. 
    * LegalZoom.com Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $7.38
million.
    * LegalZoom.com Inc shares had fallen by 13.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 LegalZoom.com Inc
is $13.50 
This summary was machine generated from LSEG data February 23 at
03:01 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      0.10           0.13           Beat
 Sep. 30 2023      0.09           0.12           Beat
 Jun. 30 2023      0.10           0.10           Met
 Mar. 31 2023      0.06           0.07           Beat