QuinStreet (QNST) to Announce Earnings on Thursday

QuinStreet (NASDAQ:QNST) is expected to 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.Investors interested in participating in the company’s conference call can do so using this link.

QuinStreet (NASDAQ:QNST) last released its earnings results on Monday, November 4th. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.07. The company had revenue of $279.22 million for the quarter, compared to the consensus estimate of $222.68 million. QuinStreet had a negative net margin of 2.88% and a negative return on equity of 8.79%. QuinStreet’s revenue was up 125.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 %

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

Insider Buying and Selling at QuinStreet

In other QuinStreet news, Director Stuart Huizinga sold 2,980 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $23.00, for a total value of $68,540.00. Following the sale, the director now directly owns 171,923 shares of the company’s stock, valued at approximately $3,954,229. This trade represents a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Matthew Glickman sold 30,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director now directly owns 113,140 shares of the company’s stock, valued at approximately $2,560,358.20. The trade was a 20.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,000 shares of company stock valued at $910,374. 5.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

QNST has been the subject of a number of research analyst reports. B. Riley raised their target price on QuinStreet from $24.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Barrington Research restated an “outperform” rating and issued a $29.00 price objective on shares of QuinStreet in a research note on Friday, December 6th. StockNews.com lowered QuinStreet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 14th. Lake Street Capital raised their price target on shares of QuinStreet from $20.00 to $25.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Finally, Stephens lifted their price objective on shares of QuinStreet from $23.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

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.