QuinStreet (QNST) Expected to Announce Earnings on Thursday

QuinStreet (NASDAQ:QNST) will likely be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect QuinStreet to post earnings of $0.18 per share and revenue of $239.80 million for the quarter. QuinStreet has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

QuinStreet (NASDAQ:QNST) last announced its earnings results on Monday, November 4th. The technology company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.07. The firm had revenue of $279.22 million for the quarter, compared to analysts’ expectations of $222.68 million. QuinStreet had a negative net margin of 2.88% and a negative return on equity of 8.79%. The business’s revenue was up 125.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.19) EPS. On average, analysts expect QuinStreet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

QuinStreet Trading Down 0.7 %

QNST opened at $23.65 on Thursday. The stock has a 50-day moving average of $22.47 and a 200 day moving average of $20.30. QuinStreet has a 12 month low of $12.19 and a 12 month high of $26.27. The firm has a market cap of $1.33 billion, a P/E ratio of -59.13 and a beta of 1.07.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on QNST shares. Barrington Research reissued an “outperform” rating and set a $29.00 target price on shares of QuinStreet in a research report on Friday, December 6th. StockNews.com cut shares of QuinStreet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Craig Hallum raised their target price on shares of QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Lake Street Capital upped their price target on shares of QuinStreet from $20.00 to $25.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Finally, Stephens raised their price objective on shares of QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.00.

Insider Buying and Selling

In other QuinStreet news, Director Stuart Huizinga sold 2,980 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $23.00, for a total transaction of $68,540.00. Following the transaction, the director now directly owns 171,923 shares in the company, valued at $3,954,229. This trade represents a 1.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Matthew Glickman sold 30,000 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $22.63, for a total value of $678,900.00. Following the completion of the sale, the director now owns 113,140 shares of the company’s stock, valued at $2,560,358.20. This represents a 20.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 40,000 shares of company stock valued at $910,374 in the last 90 days. Company insiders own 5.00% of the company’s stock.

About QuinStreet

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.