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TASK — Taskus News Story

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Taskus Inc reports results for the quarter ended December 31 - Earnings Summary

Taskus Inc TASK.OQ reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 35 cents.  The mean expectation of eight analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 32 cents to 36 cents per share.

Revenue rose 17.1% to $274.24 million from a year ago; analysts expected $268.81 million.

Taskus Inc's reported EPS for the quarter was 10 cents​.

The company reported quarterly net income of $8.86 million.

Taskus Inc shares had fallen by 9.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.5% 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 4 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Taskus Inc is $19.00

This summary was machine generated from LSEG data February 27 at 04:29 a.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
Dec. 31 20240.350.31Missed
Sep. 30 20240.320.37Beat
Jun. 30 20240.310.31Met
Mar. 31 20240.290.30Beat

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