QuinStreet (Nasdaq: QNST ) is expected to report Q3 earnings on April 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict QuinStreet's revenues will decrease -16.6% and EPS will shrink to a loss.
The average estimate for revenue is $77.5 million. On the bottom line, the average EPS estimate is -$0.02.
Last quarter, QuinStreet notched revenue of $71.8 million. GAAP reported sales were 21% lower than the prior-year quarter's $90.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.01. GAAP EPS were -$1.48 for Q2 versus $0.09 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 14.0%, much worse than the prior-year quarter. Operating margin was -2.8%, much worse than the prior-year quarter. Net margin was -88.5%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $305.8 million. The average EPS estimate is -$0.03.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 21 members out of 28 rating the stock outperform, and seven members rating it underperform. Among 11 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give QuinStreet a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QuinStreet is hold, with an average price target of $6.84.
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