Liveramp Holdings Inc expected to post earnings of 31 cents a share - Earnings Preview

Liveramp Holdings

06/08/2024 03:02

* Liveramp Holdings Inc  RAMP.N   RAMP.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 11.6% increase in revenue to $171.917 million from
$154.07 million a year ago, according to the mean estimate from
6 analysts, based on LSEG data.The company's guidance on May 22
2024, for the period ended June 30, was for revenue of $172.000
million.
    * ​LSEG's mean analyst estimate for Liveramp Holdings Inc is
for
earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Liveramp
Holdings
Inc is $50.00​, above​ its last closing price of $26.97. ​​​

The company's guidance on May 22 2024 for the period ended June
30 was for Earnings before Interest and Taxes of USD25
million.The company's guidance on May 22 2024 for the period
ended June 30 was for gross profit margin of USD74%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.20        0.19       0.25      Beat    30
 Dec. 31 2024  0.41        0.40       0.47      Beat    18.3
 Sep. 30 2023  0.25                   0.43              76.1​
 Jun. 30 2023  0.19        0.19       0.29      Beat    53.8
 ​​Mar.        0.19        0.18       0.32      Beat    73.8
 31 2023                                                
 Dec. 31 2022  0.27        0.27       0.28      Beat    4.4​
 Jan. 1 0001   0.09        0.09       0.22      Beat    138.5
 Jun. 30 2022  0.01        0.01       0.05      Beat    311.9
 This summary was machine generated August 6 at 02:01 GMT.  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)