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

Quinstreet

08/08/2023 03:36

* Quinstreet Inc  QNST.OQ   QNST.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 9. 
    * The Foster City California-based  company is expected to
report 
a 12.5% decrease in revenue to $128.146 million from $146.5
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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
$11​, above​ its last closing price of $9.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.07        0.07       0.11      Beat    69.2
 Dec. 31 2023  0.00        -0.02      -0.02     Met     0
 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.        0.11        0.10       0.09      Missed  -11.5
 31 2022                                                
 Dec. 31 2021  0.09        0.08       0.06      Missed  -25​
 Sep. 30 2021  0.16        0.16       0.17      Beat    6.3
 Jun. 30 2021  0.15        0.15       0.17      Beat    15.9
 This summary was machine generated August 8 at 02:36 GMT.  All
figures in US dollars  unless otherwise stated