Ziff Davis Inc expected to post earnings of $1.15 a share - Earnings Preview

Ziff Davis

07/05/2024 03:25

* Ziff Davis Inc  ZD.OQ   ZD.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8 for the
period ending January 1 0001
    * The New York City-based  company is expected to report a
2.0% increase in revenue to $313.145 million from $307.14
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on February
22 2024, for the period ended March 31, was for revenue between
$313.28 million and $319.43 million.
    * ​LSEG's mean analyst estimate for Ziff Davis Inc is for
earnings
of $1.15 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Ziff Davis
Inc is
$80.00​, above​ its last closing price of $54.97. ​​​

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  2.28        2.27       2.33      Beat    2.5
 Sep. 30 2023  1.52        1.53       1.50      Missed  -2
 Jun. 30 2023  1.22        1.22       1.27      Beat    4.5​
 Mar. 31 2023  1.06        1.06       1.10      Beat    4.1
 ​​Dec.        2.35        2.36       2.26      Missed  -4.2
 31 2022                                                
 Sep. 30 2022  1.54        1.53       1.58      Beat    3.4​
 Jun. 30 2022  1.39        1.41       1.58      Beat    11.7
 Mar. 31 2022  1.22        1.21       1.23      Beat    1.3
 This summary was machine generated May 7 at 02:25 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)