Quinstreet Inc expected to post a loss of 2 cents a share - Earnings Preview

Quinstreet

07/02/2023 01:29

* Quinstreet Inc  QNST.OQ   QNST.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 8. 
    * The Foster City California-based  company is expected to
report 
a 0.5% decrease in revenue to $124.745 million from $125.33
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $120.00 million and $130.00 million.
    * ​Refinitiv's mean analyst estimate for Quinstreet Inc is
for a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," 1 "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 Quinstreet
Inc is
$14​, below​ its last closing price of $15.40. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD5.618 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.02        0.03       0.05      Beat    92.3
 Jun. 30 2022  0.04        0.05       0.04      Missed  -14.3
 Mar. 31 2022  0.11        0.10       0.09      Missed  -11.5​
 Dec. 31 2021  0.09        0.08       0.06      Missed  -25
 ​​Sep.        0.16        0.16       0.17      Beat    6.3
 30 2021                                                
 Jun. 30 2021  0.15        0.15       0.17      Beat    15.9​
 Mar. 31 2021  0.16        0.16       0.20      Beat    25
 Dec. 31 2020  0.09        0.09       0.13      Beat    52.9
 This summary was machine generated February 7 at 01:29 GMT.  All
figures in US dollars  unless otherwise stated