ZoomInfo Technologies Inc reports results for the quarter ended in March - Earnings Summary

ZoomInfo Technologies

01/05/2023 23:07

* ZoomInfo Technologies Inc  ZI.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of eighteen analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 24.4% to $300.70 million from a year ago;
analysts
expected $300.33 million. 
    * ZoomInfo Technologies Inc's reported EPS for the quarter
was 11
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ZoomInfo Technologies Inc shares had fallen by 11.3% this
quarter and lost 27.2% so far this year.
    * The company reported quarterly net income of $44.5
million.
    * Wall Street's median 12-month price target for ZoomInfo
Technologies Inc is $34.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
1 at 10:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.22           0.24           Beat
 Dec. 31 2022      0.22           0.26           Beat
 Sep. 30 2022      0.20           0.24           Beat
 Jun. 30 2022      0.18           0.21           Beat