ZipRecruiter Q3 EPS $0.23 Beats $0.11 Estimate, Sales $155.63M Beat $149.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
ZipRecruiter reported Q3 earnings of $0.23 per share, beating the analyst consensus estimate of $0.11 by 109.09%. This is a 35.29% increase from the same period last year. The company also reported quarterly sales of $155.63 million, beating the analyst consensus estimate of $149.79 million by 3.90%. However, this is a 31.43% decrease from the same period last year.
November 08, 2023 | 9:16 pm
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NEUTRAL IMPACT
ZipRecruiter's Q3 earnings and sales beat estimates, which could positively impact the stock. However, the decrease in sales compared to last year might temper this impact.
ZipRecruiter's earnings beat estimates, which is typically positive for the stock. However, the decrease in sales compared to the same period last year could be a concern for investors, potentially offsetting the positive impact of the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100