Zoominfo Technologies Inc expected to post earnings of 25 cents a share - Earnings Preview

ZoomInfo Technologies

09/02/2024 21:33

* Zoominfo Technologies Inc  ZI.OQ   ZI.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
12 for the period ending December 31 2023
    * The Vancouver Washington Washington-based  company is
expected
to report a 3.0% increase in revenue to $310.637 million from
$301.7 million a year ago, according to the mean estimate from
19 analysts, based on LSEG data.The company's guidance on
October 30 2023, for the period ended December 31, was for
revenue between $309.00 million and $312.00 million. (SAL is
based on Total Revenue)
    * ​LSEG's mean analyst estimate for Zoominfo Technologies
Inc is
for earnings of 25 cents per share. The company's EPS guidance
on October 30 2023, for the period ended December 31, was
between $0.24 and $0.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 8
"hold" and 2 "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 $20.00​, above​ its last closing price
of $15.11. ​​​

The company's guidance on October 30 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD122 million and USD124 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  
 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. 31 2022  0.22        0.22       0.26      Beat    19.1
 ​​Sep.        0.20        0.20       0.24      Beat    22.1
 30 2022                                                
 Jun. 30 2022  0.18        0.18       0.21      Beat    20​
 Mar. 31 2022  0.15        0.15       0.18      Beat    20.6
 Dec. 31 2021  0.13        0.13       0.18      Beat    40.7
 This summary was machine generated February 9 at 21:33 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)