Zoominfo Technologies Inc reports results for the quarter ended in December - Earnings Summary

ZoomInfo Technologies

12/02/2024 22:01

* Zoominfo Technologies Inc  ZI.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
December, identical to the same quarter last year.  The mean
expectation of twenty one analysts for the quarter was
for earnings of 25 cents per share. Wall Street expected
results to range from 24 cents to 26 cents per share.
    * Revenue rose 4.9% to $316.40 million from a year ago;
analysts
expected $310.64 million. 
    * Zoominfo Technologies Inc's reported EPS for the quarter
was a
loss of 1 cent​.
    * The company reported a quarterly loss of $5.5 million.
    * Zoominfo Technologies Inc shares had fallen by 16.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Zoominfo
Technologies Inc is $20.00 
This summary was machine generated from LSEG data February 12 at
10:00 p.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
 Dec. 31 2023      0.25           0.26           Beat
 Sep. 30 2023      0.24           0.26           Beat
 Jun. 30 2023      0.23           0.26           Beat
 Mar. 31 2023      0.22           0.24           Beat