ZipRecruiter Q4 2023 GAAP EPS $0.05 Misses $0.08 Estimate, Sales $135.92M Beat $128.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
ZipRecruiter's Q4 2023 earnings report showed a GAAP EPS of $0.05, missing the $0.08 estimate, and sales of $135.92M, beating the $128.32M estimate. However, both earnings and sales saw significant decreases from the same period last year.
February 22, 2024 | 9:41 pm
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ZipRecruiter's Q4 2023 earnings missed EPS estimates but exceeded sales forecasts, with significant year-over-year declines in both metrics.
Missing the EPS estimate by 37.5% while also reporting a substantial 70.59% decrease in earnings from the previous year is likely to negatively impact investor sentiment and stock price in the short term. However, beating sales estimates might provide some offsetting positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100