Zeta Global Holdings Q2 EPS $(0.34) Misses $0.05 Estimate, Sales $171.82M Beat $162.07M Estimate
Portfolio Pulse from bharat@benzinga.com
Zeta Global Holdings (NYSE:ZETA) reported Q2 losses of $(0.34) per share, missing the analyst consensus estimate of $0.05 by 780 percent. However, the company's quarterly sales of $171.82 million beat the analyst consensus estimate of $162.07 million by 6.01 percent.
August 04, 2023 | 12:16 pm
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NEGATIVE IMPACT
Zeta Global's Q2 earnings per share missed estimates significantly, but sales exceeded expectations.
Zeta Global's earnings per share missed estimates by a large margin, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100