Preview Of QuinStreet, Inc. ($QNST) 1Q21 Earnings

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QuinStreet, Inc. (NASDAQ:QNST) is expected to report first quarter earnings results, after market close, on Wednesday 28th October 2020.

Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.09 per share.

Looking ahead, the full year income are expected at $ 0.50 per share on the revenues of $ 509.21 million.

The Company Outlook

Revenue for 1Q21 are expected in a range of $ 138.00 million ~ $ 138.00 million

Click Here For More Historical Outlooks Of QuinStreet, Inc.

Previous Quarter Performance

QuinStreet, Inc. unveiled income for the fourth quarter of $ 0.14 per share, from the revenue of $ 116.96 million. The consensus estimates are income of $ 0.04 per share from $ 106.29 million in revenue. The bottom line results beat street analysts by $ 0.1 or 250.00 percent, at the same time, top line results outshined analysts by $ 10.67 million or 10.04 percent.

Stock Performance

Shares of QuinStreet, Inc. traded low $ -0.19 or -1.13 percent on Tuesday, reaching $ 16.22 with volume of 185.00 thousand shares. QuinStreet, Inc. has traded high as $ 16.46 and has cracked $ 16.03 on the downward trend

According to the previous trading day, closing price of $ 16.22, representing a 184.72 % increase from the 52 week low of $ 5.76 and a 7.81 % decrease over the 52 week high of $ 17.79.

The company has a market capital of $ 853.99 million and is part of the Technology sector and Internet Content & Information industry.

Recent Analyst recommendations

  • On 3rd September 2020, upgraded by Barrington Research to Outperform from Market Perform rating.
Conference Call

QuinStreet, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website quinstreet.com

QuinStreet, Inc., an Internet performance marketing company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers. The company provides its services in various verticals, such as financial services, education, business-to-business technology, and home services.