TechTarget Inc expected to post earnings of 36  cents a share - Earnings Preview

TechTarget

06/05/2023 03:11

* TechTarget Inc  TTGT.OQ   TTGT.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 9. 
    * The Newton Massachusetts-based  company is expected to
report  a
16.3% decrease in revenue to $57.053 million from $68.17 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TechTarget Inc is
for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "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 TechTarget
Inc is
$47.5​, above​ its last closing price of $33.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.52        0.52       0.68      Beat    31.8
 Sep. 30 2022  0.66        0.65       0.68      Beat    4.3
 Jun. 30 2022  0.61        0.61       0.68      Beat    12.2​
 Mar. 31 2022  0.47        0.47       0.53      Beat    12.1
 ​​Dec.        0.65        0.65       0.66      Beat    1.3
 31 2021                                                
 Sep. 30 2021  0.55        0.56       0.60      Beat    7.8​
 Jun. 30 2021  0.49        0.49       0.51      Beat    4.4
 Mar. 31 2021  0.39        0.38       0.44      Beat    15.2
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated