Viant Technology Inc expected to post earnings of 5 cents a share - Earnings Preview

Viant Technology

09/11/2024 24:57

* Viant Technology Inc  DSP.OQ   DSP.O  is expected to show
a rise
in quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Irvine California-based  company is expected to report
a
9.0% increase in revenue to $64.966 million from $59.59 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on August 12 2024, for
the period ended September 30, was for revenue between $67.50
million and $70.50 million.
    * ​LSEG's mean analyst estimate for Viant Technology Inc is
for
earnings of 5 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 Viant
Technology
Inc is $12.50​, below​ its last closing price of $12.97. ​​​

The company's guidance on August 12 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD67.5 million and
USD12 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.01        0.01       0.00      Missed  -100
 Mar. 31 2024  -0.07       -0.07      -0.06     Beat    14.3
 Jan. 1 0001   0.00        -0.03      0.04      Beat    253.8​
 Sep. 30 2023  -0.06       -0.06      -0.03     Beat    50
 ​​Jan.        -0.11       -0.11      -0.07     Beat    38.6
 1 0001                                                 
 Mar. 31 2023  -0.18       -0.19      -0.17     Beat    9.7​
 Dec. 31 2022  -0.15       -0.13      -0.15     Missed  -11.1
 Sep. 30 2022  -0.19       -0.18      -0.22     Missed  -22.2
 This summary was machine generated November 9 at 00:57 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)