Zeta Global Holdings Corp expected to post earnings of 8 cents a share - Earnings Preview

Zeta Global Holdings

04/05/2024 03:04

* Zeta Global Holdings Corp  ZETA.N   ZETA.K  is expected
to show
a rise in quarterly revenue when it reports  results on May 6
for the period ending March 31 2024
    * The New York City-based  company is expected to report a
18.7% increase in revenue to $187.112 million from $157.6
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on February
27 2024, for the period ended March 31, was for revenue between
$185.00 million and $189.00 million.
    * ​LSEG's mean analyst estimate for Zeta Global Holdings
Corp is
for earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"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 Zeta Global
Holdings Corp is $15.00​, above​ its last closing price
of $12.82. ​​​

The company's guidance on February 27 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD185 million and USD29.3 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  
 Dec. 31 2023  0.14        0.14       0.16      Beat    17.5
 Sep. 30 2023  0.09        0.09       0.09      Met     -1.2
 Jun. 30 2023  0.06        0.06       0.05      Missed  -10.4​
 Mar. 31 2023  0.05        0.05       0.05      Met     5.6
 ​​Dec.        0.09        0.09       1.09      Beat    1,114.
 31 2022                                                5
 Sep. 30 2022  0.04        0.04       0.05      Beat    23.8​
 Jun. 30 2022  0.04        0.03       -0.03     Missed  -200
 Mar. 31 2022  0.03        0.03       0.02      Missed  -31.9
 This summary was machine generated May 4 at 02:04 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)