Outbrain Inc expected to post a loss of 6 cents a share - Earnings Preview

Teads Holding

06/08/2024 19:33

* Outbrain Inc  OB.OQ   OB.O  is expected to show a rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
1.3% increase in revenue to $228.7 million from $225.8 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Outbrain Inc is for a
loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Outbrain
Inc is
$5.75​, above​ its last closing price of $4.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.12       -0.13      -0.10     Beat    21.5
 Dec. 31 2024  0.08        0.08       0.09      Beat    10.2
 Sep. 30 2023  -0.02       0.00       0.01      Beat    4,100​
 Jun. 30 2023  -0.12       -0.04      -0.08     Missed  -96.1
 ​​Mar.        -0.14       -0.13      -0.09     Beat    31.6
 31 2023                                                
 Dec. 31 2022  -0.04       -0.04      -0.14     Missed  -212.5
                                                        ​
 Sep. 30 2022  -0.18       -0.15      -0.10     Beat    32.2
 Jun. 30 2022  -0.04       -0.04      -0.19     Missed  -322.2
 This summary was machine generated August 6 at 18:32 GMT.  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)