Ziff Davis Inc reports results for the quarter ended in June - Earnings Summary

Ziff Davis

04/08/2023 02:32

* Ziff Davis Inc  ZD.OQ  reported quarterly adjusted
earnings of
$1.27​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of $1.22 per share.
    * Revenue fell 3.4% to $326.00 million from a year ago;
analysts
expected $324.50 million. 
    * Ziff Davis Inc's reported EPS for the quarter was 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ziff Davis Inc shares had risen by 2.8% this quarter and
lost 9.0% so far this year.
    * The company reported quarterly net income of $16.68
million.
    * Wall Street's median 12-month price target for Ziff Davis
Inc is
$92.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 01:32 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.22           1.27           Beat
 Mar. 31 2023      1.06           1.10           Beat
 Dec. 31 2022      2.36           2.26           Missed
 Sep. 30 2022      1.53           1.58           Beat