Zeta Global Holdings Corp reports results for the quarter ended in January - Earnings Summary

Zeta Global Holdings

07/05/2024 05:24

* Zeta Global Holdings Corp  ZETA.N  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 5 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 8 cents per
share. Wall Street expected results to range from 6 cents to 9
cents per share.
    * Revenue rose 23.7% to $194.95 million from a year ago;
analysts
expected $187.11 million. 
    * Zeta Global Holdings Corp's reported EPS for the quarter
was a
loss of 23 cents​.
    * The company reported a quarterly loss of $39.57 million.
    * Zeta Global Holdings Corp shares had risen by 17.3% this
quarter and gained 45.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 21.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Zeta Global
Holdings Corp is $15.25 
This summary was machine generated from LSEG data May 7 at 04:24
a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.08           0.07           Missed
 Dec. 31 2023      0.14           0.16           Beat
 Sep. 30 2023      0.09           0.09           Met
 Jun. 30 2023      0.06           0.05           Missed