TechTarget Inc expected to post earnings of 38  cents a share - Earnings Preview

TechTarget

04/05/2021 24:44

* TechTarget Inc  TTGT.OQ   TTGT.O  is expected to show a rise
in quarterly revenue when it reports results on May 5.
* The Auburndale, Massachusetts-based company is expected to
report  a 73.4% increase in revenue to $54.46 million from
$31.42 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for TechTarget Inc is for
earnings of 38 cents per share. For the same quarter last year,
the company reported earnings of 8 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 TechTarget Inc
is $106.5​, about 27.6% above​ its last closing price
of $77.11. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.43        0.43       0.46      Beat    6.2
 Sep. 30 2020  0.26        0.26       0.30      Beat    15.4
 Jun. 30 2020  0.24        0.24       0.28      Beat    16.7​
 Mar. 31 2020  0.08        0.08       0.08      Met     -2.4
 Dec.          0.18​       0.19       0.14      Missed  -26.3​
 31​ 2019​                                              
 Sep. 30 2019  0.16        0.16       0.19      Beat    22.6​
 Jun. 30 2019  0.17        0.16       0.15      Missed  -7.7
 Mar. 31 2019  0.07        0.07       0.12      Beat    71.4
 This summary was machine generated May 3 at 23:44 GMT.  All
figures in US dollars unless otherwise stated