QuinStreet Q4 Adj $(0.01) Beats $(0.02) Estimate, Sales $130.31M Beat $128.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
QuinStreet reported Q4 losses of $(0.01) per share, beating the analyst consensus estimate of $(0.02) by 50%. The company's quarterly sales of $130.31 million also beat the analyst consensus estimate of $128.15 million by 1.69%. However, this represents a 125% decrease in earnings and an 11.05% decrease in sales compared to the same period last year.
August 09, 2023 | 9:13 pm
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NEUTRAL IMPACT
QuinStreet's Q4 results exceeded analyst estimates, but showed a significant decrease compared to last year. This mixed performance could lead to uncertainty in the market.
While QuinStreet's Q4 results beat analyst estimates, the significant decrease in earnings and sales compared to the same period last year could lead to uncertainty among investors. This could potentially impact the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100