Advertisement
Canada markets close in 20 minutes

  • S&P/TSX

    22,238.61
    +14.94 (+0.07%)
     

  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     

  • DOW

    39,308.00
    -23.90 (-0.06%)
     

  • CAD/USD

    0.7346
    +0.0013 (+0.17%)
     

  • CRUDE OIL

    84.06
    +0.18 (+0.21%)
     

  • Bitcoin CAD

    79,779.96
    -1,727.09 (-2.12%)
     

  • CMC Crypto 200

    1,218.99
    -42.19 (-3.35%)
     

  • GOLD FUTURES

    2,369.40
    0.00 (0.00%)
     

  • RUSSELL 2000

    2,036.62
    +2.75 (+0.14%)
     

  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     

  • NASDAQ

    18,188.30
    +159.54 (+0.88%)
     

  • VOLATILITY

    12.26
    +0.17 (+1.41%)
     

  • FTSE

    8,241.26
    +70.14 (+0.86%)
     

  • NIKKEI 225

    40,913.65
    +332.89 (+0.82%)
     

  • CAD/EUR

    0.6791
    -0.0004 (-0.06%)
     

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

Zacks Equity Research
·2 min read

Ziff Davis (ZD) reported $314.49 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.4%. EPS of $1.27 for the same period compares to $1.10 a year ago.

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

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

ADVERTISEMENT

Here is how Ziff Davis performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- Advertising: $156.10 million versus $160.20 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a 0% change.

  • Revenues- Subscription: $148.92 million versus the two-analyst average estimate of $147.88 million. The reported number represents a year-over-year change of +4.8%.

  • Revenues- Other: $9.49 million versus $9.63 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.7% change.

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

Shares of Ziff Davis have returned +0.7% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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