Quinstreet Inc expected to post a loss of 4 cents a share - Earnings Preview

Quinstreet

31/10/2023 02:02

* Quinstreet Inc  QNST.OQ   QNST.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Foster City California-based  company is expected to
report 
a 14.1% decrease in revenue to $123.388 million from $143.59
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 9 2023, for the period ended September 30, was for
revenue between $120.00 million and $125.00 million.
    * ​Refinitiv's mean analyst estimate for Quinstreet Inc is
for a
loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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
$9​, below​ its last closing price of $10.19. ​​​

The company's guidance on August 9 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD0.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.01       -0.02      -0.01     Beat    50
 Mar. 31 2023  0.07        0.07       0.11      Beat    69.2
 Dec. 31 2022  0.00        -0.02      -0.02     Met     0​
 Sep. 30 2022  0.02        0.03       0.05      Beat    92.3
 ​​Jun.        0.04        0.05       0.04      Missed  -14.3
 30 2022                                                
 Mar. 31 2022  0.11        0.10       0.09      Missed  -11.5​
 Dec. 31 2021  0.09        0.08       0.06      Missed  -25
 Sep. 30 2021  0.16        0.16       0.17      Beat    6.3
 This summary was machine generated October 31 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated