TechTarget Inc expected to post earnings of 65  cents a share - Earnings Preview

TechTarget

08/02/2022 19:32

* TechTarget Inc  TTGT.OQ   TTGT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 10. 
    * The Auburndale Massachusetts-based  company is expected to
report  a 63.4% increase in revenue to $75.015 million from
$45.92 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TechTarget Inc is
for
earnings of 65 cents per share. For the same quarter last year,
the company reported earnings of 46 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
$110​, about 23% above​ its last closing price of $84.67. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2020  0.43        0.43       0.46      Beat    6.2
 ​​Sep.        0.26        0.26       0.30      Beat    15.4
 30 2020                                                
 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. 31 2019  0.18        0.19       0.14      Missed  -26.3
 This summary was machine generated February 8 at 19:32 GMT.  All
figures in US dollars  unless otherwise stated