Taboola.com Ltd expected to post earnings of 3 cents a share - Earnings Preview

Taboola.Com

26/02/2024 14:29

* Taboola.com Ltd  TBLA.OQ   TBLA.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
17.4% increase in revenue to $436.007 million from $371.27
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Majority is based on Total
Revenue)
    * ​LSEG's mean analyst estimate for Taboola.com Ltd is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Taboola.com
Ltd
is $6.00​, above​ its last closing price of $4.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.04       -0.04      0.02      Beat    150
 Jun. 30 2023  -0.05       -0.05      0.00      Beat    92.3
 Mar. 31 2023  -0.06       -0.06      -0.01     Beat    82.5​
 Dec. 31 2022  0.16        0.16       0.16      Met     0
 ​​Sep.        -0.02       -0.02      0.04      Beat    271.5
 30 2022                                                
 Jun. 30 2022  0.03        0.03       0.06      Beat    98.3​
 Mar. 31 2022  0.05        0.05       0.09      Beat    57.4
 Dec. 31 2021  0.03        0.05       0.01      Missed  -80.6
 This summary was machine generated February 26 at 14:28 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)