QuinStreet Sees Q4 Revenue $180M-$190M vs $195.94M Est.
Portfolio Pulse from Benzinga Newsdesk
QuinStreet, Inc. forecasts its Q4 revenue to be between $180M-$190M, which is below the estimated $195.94M by analysts.

May 08, 2024 | 9:37 pm
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QuinStreet's Q4 revenue forecast is below analyst expectations, potentially impacting its stock price negatively in the short term.
Revenue forecasts that fall short of analyst expectations can lead to negative investor sentiment and a decrease in stock price as the market adjusts to the new information. Given that QuinStreet's forecast is significantly below the estimated revenue, this could lead to a short-term negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100