Ziff Davis (ZD) Q1 Earnings: Taking a Have a look at Key Metrics Versus Estimates

Date:

Ziff Davis (ZD) reported $314.49 million in income for the quarter ended March 2024, representing a year-over-year improve of two.4%. EPS of $1.27 for a similar interval compares to $1.10 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $317.71 million, representing a shock of -1.01%. The corporate delivered an EPS shock of +11.40%, with the consensus EPS estimate being $1.14.

Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue 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 function 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 worth efficiency.

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

  • Revenues- Promoting: $156.10 million versus $160.20 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a 0% change.
  • Revenues- Subscription: $148.92 million versus the two-analyst common estimate of $147.88 million. The reported quantity represents a year-over-year change of +4.8%.
  • Revenues- Different: $9.49 million versus $9.63 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.7% change.

View all Key Company Metrics for Ziff Davis here>>>

Shares of Ziff Davis have returned +0.7% 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 consistent with the broader market within the close to time period.

Zacks Names “Single Greatest Choose to Double”

From hundreds of shares, 5 Zacks consultants every have chosen their favourite to skyrocket +100% or extra in months to return. From these 5, Director of Analysis Sheraz Mian hand-picks one to have probably the most explosive upside of all.

It’s an American AI firm that’s driving low proper now, but it surely has rounded up purchasers like BMW, GE, Dell Laptop, and Bosch. It has prospects for not simply doubling however quadrupling within the yr to return. In fact, all our picks aren’t winners however this one may far surpass earlier Zacks’ Shares Set to Double like Boston Beer Firm which shot up +143.0% in little greater than 9 months and NVIDIA which boomed +175.9% in a single yr.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Ziff Davis, Inc. (ZD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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

Share post:

Subscribe

Popular

More like this
Related