TechTarget Inc expected to post earnings of 56 cents a share - Earnings Preview

TechTarget

02/11/2021 02:04

* TechTarget Inc  TTGT.OQ   TTGT.O  is expected to show a rise
in quarterly revenue when it reports  results on November 3. 
* The Auburndale, Massachusetts-based company is expected to
report  a 85.0% increase in revenue to $67.039 million from
$36.24 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 56 cents per share. For the same quarter last year,
the company reported earnings of 30 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "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 TechTarget Inc
is $102.5​, about 6.7% above​ its last closing price
of $95.63. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.49        0.49       0.51      Beat    4.4
 Mar. 312021   0.39        0.38       0.44      Beat    15.2
 Dec. 312020   0.43        0.43       0.46      Beat    6.2​
 Sep. 302020   0.26        0.26       0.30      Beat    15.4
 ​​Jun.        0.24        0.24       0.28      Beat    16.7
 302020                                                 
 Mar. 312020   0.08        0.08       0.08      Met     -2.4​
 Dec. 312019   0.18        0.19       0.14      Missed  -26.3
 Sep. 302019   0.16        0.16       0.19      Beat    22.6
 This summary was machine generated November 2 at 02:04 GMT.  All
figures in US dollars unless otherwise stated