Picture of Stagwell logo

STGW — Stagwell News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapSuper Stock

Stagwell Inc reports results for the quarter ended June 30 - Earnings Summary

Stagwell Inc STGW.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents.  The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 14 cents to 19 cents per share.

Revenue rose 5.3% to $706.82 million from a year ago; analysts expected $693.77 million.

Stagwell Inc's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $5.26 million.

Stagwell Inc shares had risen by 14.7% this quarter and lost 21.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.9% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is also "buy"

Wall Street's median 12-month price target for Stagwell Inc is $8.00, about 35.5% above its last closing price of $5.16

This summary was machine generated from LSEG data July 31 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.160.17Beat
Mar. 31 20250.150.12Missed
Dec. 31 20240.240.24Met
Sep. 30 20240.210.22Beat

Recent news on Stagwell

See all news