ZoomInfo Technologies Inc expected to post earnings of 22  cents a share - Earnings Preview

ZoomInfo Technologies

29/04/2023 01:18

* ZoomInfo Technologies Inc  ZI.OQ   ZI.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 1. 
    * The Vancouver Washington Washington-based  company is
expected
to report  a 24.3% increase in revenue to $300.331 million from
$241.7 million a year ago, according to the mean estimate from
17 analysts, based on Refinitiv data. The company's guidance on
February 6 2023, for the period ended March 31, was for revenue
between $299.00 million and $301.00 million.
    * ​Refinitiv's mean analyst estimate for ZoomInfo
Technologies Inc
is for earnings of 22 cents per share. The company's EPS
guidance on February 6 2023, for the period ended March 31, was
between $0.21 and $0.22 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 4
"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 ZoomInfo
Technologies Inc is $34​, above​ its last closing price
of $21.91. ​​​

The company's guidance on February 6 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD118 million and USD120 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.22        0.22       0.26      Beat    19.1
 Sep. 30 2022  0.20        0.20       0.24      Beat    22.1
 Jun. 30 2022  0.18        0.18       0.21      Beat    20​
 Mar. 31 2022  0.15        0.15       0.18      Beat    20.6
 ​​Dec.        0.13        0.13       0.18      Beat    40.7
 31 2021                                                
 Sep. 30 2021  0.12        0.12       0.13      Beat    8.4​
 Jun. 30 2021  0.12        0.12       0.14      Beat    19.1
 Mar. 31 2021  0.11        0.10       0.13      Beat    23.9
 This summary was machine generated April 29 at 00:18 GMT.  All
figures in US dollars  unless otherwise stated