Ziprecruiter Inc reports results for the quarter ended in September 30 - Earnings Summary

ZipRecruiter

07/11/2024 04:15

* Ziprecruiter Inc  ZIP.N  reported a quarterly adjusted
loss of 3
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 23
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 10 cents per share. Wall Street expected
results to range from -17 cents to -5 cents per share.
    * Revenue fell 24.8% to $117.08 million from a year ago;
analysts
expected $112.61 million. 
    * Ziprecruiter Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The company reported a quarterly loss of $2.57 million.
    * Ziprecruiter Inc shares had fallen by 1.6% this
quarter and
lost 32.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the employment
services
peer group is also "hold"

Wall Street's median 12-month price target for Ziprecruiter Inc
is 9.00 
This summary was machine generated from LSEG data November 7 at
04:15 a.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
 Sep. 30 2024      -0.10          -0.03          Beat
 Jun. 30 2024      -0.08          0.07           Beat
 Mar. 31 2024      -0.06          -0.07          Missed
 Dec. 31 2023      0.07           0.05           Missed