Quinstreet Inc expected to post earnings of 7  cents a share - Earnings Preview

Quinstreet

02/05/2023 03:04

* Quinstreet Inc  QNST.OQ   QNST.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 3. 
    * The Foster City California-based  company is expected to
report 
a 9.9% increase in revenue to $165.603 million from $150.66
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 8 2023, for the period ended March 31, was for revenue
between $160.00 million and $170.00 million.
    * ​Refinitiv's mean analyst estimate for Quinstreet Inc is
for
earnings of 7 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
$18​, above​ its last closing price of $11.18. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD160 million and USD8 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  
 Dec. 31 2022  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. 31 2022  0.11        0.10       0.09      Missed  -11.5
 ​​Dec.        0.09        0.08       0.06      Missed  -25
 31 2021                                                
 Sep. 30 2021  0.16        0.16       0.17      Beat    6.3​
 Jun. 30 2021  0.15        0.15       0.17      Beat    15.9
 Mar. 31 2021  0.16        0.16       0.20      Beat    25
 This summary was machine generated May 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated