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

Zeta Global Holdings

31/07/2024 23:07

* Zeta Global Holdings Corp  ZETA.N  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 5 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 10 cents
per share. Wall Street expected results to range from 7 cents
to 14 cents per share.
    * Revenue rose 32.6% to $227.84 million from a year ago;
analysts
expected $212.45 million. 
    * Zeta Global Holdings Corp's reported EPS for the quarter
was a
loss of 16 cents​.
    * The company reported a quarterly loss of $28.07 million.
    * Zeta Global Holdings Corp shares had risen by 18.9% this
quarter and gained 137.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.8%
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 13 "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 $21.00 
This summary was machine generated from LSEG data July 31 at
10:07 p.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
 Jun. 30 2024      0.10           0.13           Beat
 Dec. 31 2023      0.08                          
 Dec. 31 2023      0.14                          
 Sep. 30 2023      0.09           0.09           Met