Taboola.com Ltd reports results for the quarter ended in September 30 - Earnings Summary

Taboola.Com

07/11/2024 14:40

* Taboola.com Ltd  TBLA.OQ  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 2 cents.  The mean expectation of seven analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 7 cents to 9 cents per
share.
    * Revenue rose 20.2% to $433.01 million from a year ago;
analysts
expected $429.43 million. 
    * Taboola.com Ltd's reported EPS for the quarter was a loss
of 2
cents​.
    * The company reported a quarterly loss of $6.45 million.
    * Taboola.com Ltd shares had fallen by 0.6% this quarter and
lost 22.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Taboola.com Ltd
is $5.50 
This summary was machine generated from LSEG data November 7 at
02:40 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.08           0.06           Missed
 Jun. 30 2024      0.00           0.07           Beat
 Mar. 31 2024      -0.03          0.01           Beat
 Dec. 31 2023      0.03           0.09           Beat