Quinstreet Inc expected to post earnings of 3cents a share - Earnings Preview

Quinstreet

02/11/2022 02:08

* Quinstreet Inc  QNST.OQ   QNST.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 3. 
    * The Foster City California-based  company is expected to
report 
a 13.6% decrease in revenue to $137.912 million from $159.61
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between $135.00 million and $140.00 million.
    * ​Refinitiv's mean analyst estimate for Quinstreet Inc is
for
earnings of 3 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​, above​ its last closing price of $11.53. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD135 million and
USD3.4 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  
 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. 30 2021  0.16        0.16       0.17      Beat    6.3
 ​​Jun.        0.15        0.15       0.17      Beat    15.9
 30 2021                                                
 Mar. 31 2021  0.16        0.16       0.20      Beat    25​
 Dec. 31 2020  0.09        0.09       0.13      Beat    52.9
 Sep. 30 2020  0.13        0.11       0.16      Beat    47.7
 This summary was machine generated November 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated