Zoominfo Technologies Inc reports results for the quarter ended September 30 - Earnings Summary

ZoomInfo Technologies

12/11/2024 23:31

* Zoominfo Technologies Inc  ZI.OQ  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 26 cents.  The mean expectation of twenty
two analysts for the quarter was for earnings of 22 cents per
share. Wall Street expected results to range from 21 cents to 24
cents per share.
    * Revenue fell 3.3% to $303.60 million from a year ago;
analysts
expected $299.38 million. 
    * Zoominfo Technologies Inc's reported EPS for the quarter
was 7
cents​.
    * The company reported quarterly net income of $23.8
million.
    * Zoominfo Technologies Inc shares had risen by 22.6% this
quarter and lost 31.6% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 13
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for Zoominfo
Technologies Inc is 11.00 
This summary was machine generated from LSEG data November 12 at
11:30 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
 Sep. 30 2024      0.22           0.28           Beat
 Jun. 30 2024      0.23           0.17           Missed
 Mar. 31 2024      0.23           0.26           Beat
 Dec. 31 2023      0.25           0.26           Beat