Liveramp Holdings Inc reports results for the quarter ended in March - Earnings Summary

Liveramp Holdings

23/05/2024 16:34

* Liveramp Holdings Inc  RAMP.N  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 32 cents.  The mean expectation of six analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 16 cents to 23 cents per share.
    * Revenue rose 15.6% to $171.85 million from a year ago;
analysts
expected $160.62 million. 
    * Liveramp Holdings Inc's reported EPS for the quarter was a
loss
of 8 cents​.
    * The company reported a quarterly loss of $5.37 million.
    * Liveramp Holdings Inc shares had fallen by 6.3% this
quarter and
lost 14.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 7 "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 Liveramp Holdings
Inc is $50.00 
This summary was machine generated from LSEG data May 23 at
03:33 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
 Mar. 31 2024      0.19           0.25           Beat
 Dec. 31 2023      0.40           0.47           Beat
 Sep. 30 2023      0.24           0.43           Beat
 Jun. 30 2023      0.19           0.29           Beat