Stagwell Inc expected to post earnings of 24 cents a share - Earnings Preview

Stagwell

25/02/2025 13:36

Stagwell Inc STGW.OQ STGW.O is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The New York City-based  company is expected to report a 14.6% increase in revenue to $750.629 million from $654.9 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Stagwell Inc is for earnings of 24 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "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 Stagwell Inc is $9.00​, above​ its last closing price of $6.66. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.21
0.21
0.22
Beat
4.1
Jun. 30 2024
0.16
0.17
0.14
Missed
-18.3
Mar. 31 2024
0.13
0.13
0.16
Beat
23.1​
Dec. 31 2023
0.27
0.27
0.12
Missed
-55.8
​​Sep. 30 2023
0.19
0.20
0.18
Missed
-8.3
Jun. 30 2023
0.21
0.21
0.16
Missed
-22.3​
Mar. 31 2023
0.20
0.20
0.13
Missed
-36.1
Dec. 31 2022
0.14
0.15
0.22
Beat
46.7

This summary was machine generated February 25 at 13:36 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)