Ziprecruiter Inc expected to post a loss of 6 cents a share - Earnings Preview

ZipRecruiter

08/05/2024 03:04

* Ziprecruiter Inc  ZIP.N   ZIP  is expected to show a fall
in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Santa Monica California-based  company is expected to
report
a 34.1% decrease in revenue to $121.013 million from $183.75
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ziprecruiter Inc is for
a loss
of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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
Ziprecruiter Inc
is $15.00​, above​ its last closing price of $10.81. ​​​

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  0.08        0.07       0.05      Missed  -32.7
 Sep. 30 2023  0.12        0.11       0.23      Beat    112.3
 Jun. 30 2023  0.09        0.08       0.14      Beat    66.3​
 Mar. 31 2023  -0.02       -0.02      0.05      Beat    350
 ​​Dec.        0.09        0.09       0.17      Beat    88.9
 31 2022                                                
 Sep. 30 2022  0.12        0.12       0.17      Beat    45.3​
 Jun. 30 2022  0.06        0.06       0.11      Beat    83.3
 Mar. 31 2022  0.01        0.00       0.07      Beat    1,650
 This summary was machine generated May 8 at 02:04 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)