Quinstreet Inc reports results for the quarter ended in June - Earnings Summary

Quinstreet

10/08/2023 01:01

* Quinstreet Inc  QNST.OQ  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 2
cents per share.
    * Revenue fell 11.1% to $130.31 million from a year ago;
analysts
expected $128.15 million. 
    * Quinstreet Inc's reported EPS for the quarter was a loss
of
$1.03​.
    * The mean earnings estimate of analysts had risen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Quinstreet Inc shares had risen by 3.6% this quarter and
lost 36.2% so far this year.
    * The company reported a quarterly loss of $55.89 million.
    * Wall Street's median 12-month price target for Quinstreet
Inc is
$11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.01          Beat
 Mar. 31 2023      0.07           0.11           Beat
 Dec. 31 2022      -0.02          -0.02          Met
 Sep. 30 2022      0.03           0.05           Beat