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

Ziff Davis

10/05/2023 24:49

* Ziff Davis Inc  ZD.OQ  reported quarterly adjusted
earnings of
$1.10​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of $1.06 per share.
    * Revenue fell 2.5% to $307.14 million from a year ago;
analysts
expected $296.23 million. 
    * Ziff Davis Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.4%
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 fallen by 16.1% this quarter and
lost 17.2% so far this year.
    * The company reported a quarterly loss of $7.63 million.
    * Wall Street's median 12-month price target for Ziff Davis
Inc is
$93.00 
    * 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 May
9 at 11:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.06           1.10           Beat
 Dec. 31 2022      2.36           2.26           Missed
 Sep. 30 2022      1.53           1.58           Beat
 Jun. 30 2022      1.41           1.58           Beat