Outbrain Inc expected to post earnings of 8 cents a share - Earnings Preview

Teads Holding

27/02/2024 16:12

* Outbrain Inc  OB.OQ   OB.O  is expected to show a fall in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
2.5% decrease in revenue to $251.514 million from $257.97
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. ("Sales is on ""Gross Revenue""
basis")
    * ​LSEG's mean analyst estimate for Outbrain Inc is for
earnings
of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
$4.85​, above​ its last closing price of $4.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  -0.14       -0.13      -0.09     Beat    31.6​
 Dec. 31 2022  -0.04       -0.04      -0.14     Missed  -212.5
 ​​Sep.        -0.18       -0.15      -0.10     Beat    32.2
 30 2022                                                
 Jun. 30 2022  -0.04       -0.04      -0.19     Missed  -322.2
                                                        ​
 Mar. 31 2022  0.00        0.00       0.00      Met     100
 Dec. 31 2021  0.20        0.19       0.17      Missed  -10.5
 This summary was machine generated February 27 at 16:12 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)