GoodRx (GDRX) Reviews Q1 Earnings: What Key Metrics Should Say

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GoodRx Holdings, Inc. (GDRX) reported $197.88 million in income for the quarter ended March 2024, representing a year-over-year enhance of seven.6%. EPS of $0.08 for a similar interval compares to $0.07 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $196.2 million, representing a shock of +0.86%. The corporate delivered an EPS shock of -11.11%, with the consensus EPS estimate being $0.09.

Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.

Right here is how GoodRx carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Month-to-month Lively Customers: 7 in comparison with the 7 common estimate based mostly on three analysts.
  • Subscribers: 778 versus the two-analyst common estimate of 866.
  • Income- Prescription transactions: $145.40 million in comparison with the $145.51 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +7.8% yr over yr.
  • Income- Different: $5.38 million versus $4.89 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +19.4% change.
  • Income- Pharma Producer Options: $24.51 million versus $23.21 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +20.1% change.
  • Income- Subscription: $22.60 million versus $22.56 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.2% change.

View all Key Company Metrics for GoodRx here>>>

Shares of GoodRx have returned +8.7% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.

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GoodRx Holdings, Inc. (GDRX) : Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

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