Taskus Inc reports results for the quarter ended September 30 - Earnings Summary

Taskus

08/11/2024 21:07

* Taskus Inc  TASK.OQ  reported quarterly adjusted earnings
of 37
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 32 cents per share. Wall Street
expected results to range from 31 cents to 33 cents per share.
    * Revenue rose 13.2% to $255.35 million from a year ago;
analysts
expected $245.49 million. 
    * Taskus Inc's reported EPS for the quarter was 14 cents​.
    * The company reported quarterly net income of $12.7
million.
    * Taskus Inc shares had risen by 20.4% this quarter and
gained 19.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
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 3 "strong buy" or "buy," 5
"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
$18.00 
This summary was machine generated from LSEG data November 8 at
09:06 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      0.32           0.37           Beat
 Jun. 30 2024      0.31           0.31           Met
 Mar. 31 2024      0.31           0.30           Missed
 Dec. 31 2023      0.31           0.35           Beat