QuinStreet (QNST) Expected to Announce Earnings on Thursday

QuinStreet (NASDAQ:QNST - Get Free Report) is projected to post its quarterly earnings results 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.Persons that wish to listen to the company's earnings conference call can do so using this link.

QuinStreet (NASDAQ:QNST - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.07. QuinStreet had a negative net margin of 2.88% and a negative return on equity of 8.79%. The firm had revenue of $279.22 million for the quarter, compared to analyst estimates of $222.68 million. During the same quarter last year, the firm earned ($0.19) earnings per share. The company's revenue for the quarter was up 125.3% on a year-over-year basis. On average, analysts expect QuinStreet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

QuinStreet Price Performance

Shares of QNST stock traded up $0.70 on Thursday, hitting $24.35. The company's stock had a trading volume of 96,107 shares, compared to its average volume of 401,918. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -60.77 and a beta of 1.07. The firm's fifty day moving average price is $22.51 and its 200-day moving average price is $20.33. QuinStreet has a fifty-two week low of $12.19 and a fifty-two week high of $26.27.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Lake Street Capital raised their price target on QuinStreet from $20.00 to $25.00 and gave the company a "hold" rating in a research report on Tuesday, November 5th. B. Riley lifted their price objective on QuinStreet from $24.00 to $32.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. StockNews.com cut shares of QuinStreet from a "hold" rating to a "sell" rating in a research note on Tuesday, January 14th. Craig Hallum lifted their target price on shares of QuinStreet from $25.00 to $32.00 and gave the company a "buy" rating in a research report on Tuesday, November 5th. Finally, Barrington Research reissued an "outperform" rating and issued a $29.00 target price on shares of QuinStreet in a report on Friday, December 6th. One research 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's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $29.00.

Insiders Place Their Bets

In related news, Director Stuart Huizinga sold 7,020 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $23.21, for a total transaction of $162,934.20. Following the completion of the sale, the director now directly owns 174,903 shares of the company's stock, valued at $4,059,498.63. The trade was a 3.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Matthew Glickman sold 30,000 shares of QuinStreet stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $22.63, for a total transaction of $678,900.00. Following the sale, the director now directly owns 113,140 shares of the company's stock, valued at $2,560,358.20. This represents a 20.96 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,000 shares of company stock valued at $910,374. 5.00% of the stock is currently owned by corporate insiders.

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.