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

Taskus

29/02/2024 24:48

* Taskus Inc  TASK.OQ  reported quarterly adjusted earnings
of 35
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 33
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 31 cents per share. Wall Street expected
results to range from 29 cents to 32 cents per share.
    * Revenue fell 3.3% to $234.26 million from a year ago;
analysts
expected $226.49 million. 
    * Taskus Inc's reported EPS for the quarter was 18 cents​.
    * The company reported quarterly net income of $16.28
million.
    * Taskus Inc shares had fallen by 3.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
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 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
$14.00 
This summary was machine generated from LSEG data February 29 at
12:47 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.31           0.35           Beat
 Sep. 30 2023      0.29           0.32           Beat
 Jun. 30 2023      0.30           0.32           Beat
 Mar. 31 2023      0.27           0.32           Beat