Zoominfo Technologies Inc expected to post earnings of 23 cents a share - Earnings Preview

ZoomInfo Technologies

04/05/2024 03:09

* Zoominfo Technologies Inc  ZI.OQ   ZI.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Vancouver Washington Washington-based  company is
expected
to report a 2.7% increase in revenue to $308.737 million from
$300.7 million a year ago, according to the mean estimate from
21 analysts, based on LSEG data.The company's guidance on
February 12 2024, for the period ended March 31, was for revenue
between $307.00 million and $310.00 million.
    * ​LSEG's mean analyst estimate for Zoominfo Technologies
Inc is
for earnings of 23 cents per share. The company's EPS guidance
on February 12 2024, for the period ended March 31, was between
$0.23 and $0.24 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Zoominfo
Technologies Inc is $21.00​, above​ its last closing price
of $16.12. ​​​

The company's guidance on February 12 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD115 million and USD117 million.
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  0.25        0.25       0.26      Beat    5.6
 Sep. 30 2023  0.25        0.24       0.26      Beat    6.2
 Jun. 30 2023  0.23        0.23       0.26      Beat    12.6​
 Mar. 31 2023  0.22        0.22       0.24      Beat    9.7
 ​​Dec.        0.22        0.22       0.26      Beat    19.1
 31 2022                                                
 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
 This summary was machine generated May 4 at 02:09 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)