Taboola.com Ltd reports results for the quarter ended in June - Earnings Summary

Taboola.Com

09/08/2023 21:13

* Taboola.com Ltd  TBLA.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in June. The mean expectation of
seven analysts for the quarter was for a loss of 5 cents per
share.
    * Revenue fell 3.1% to $332.00 million from a year ago;
analysts
expected $315.44 million. 
    * Taboola.com Ltd's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 62.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Taboola.com Ltd shares had risen by 8.4% this quarter and
gained 9.4% so far this year.
    * The company reported a quarterly loss of $31.31 million.
    * Wall Street's median 12-month price target for Taboola.com
Ltd
is $5.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 08:12 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          0.00           Beat
 Mar. 31 2023      -0.06          -0.01          Beat
 Dec. 31 2022      0.16           0.16           Met
 Sep. 30 2022      -0.02          0.04           Beat