QuinStreet (NASDAQ:QNST) Releases Earnings Results, Beats Estimates By $0.07 EPS

QuinStreet (NASDAQ:QNST) announced its quarterly earnings data on Monday. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.07, Briefing.com reports. The business had revenue of $279.22 million during the quarter, compared to the consensus estimate of $222.68 million. QuinStreet had a negative return on equity of 8.83% and a negative net margin of 2.88%. QuinStreet’s revenue for the quarter was up 125.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.19) EPS. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

QuinStreet Trading Down 2.5 %

QNST stock traded down $0.58 during mid-day trading on Thursday, reaching $22.27. The company’s stock had a trading volume of 47,138 shares, compared to its average volume of 409,331. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -57.13 and a beta of 1.09. QuinStreet has a 12 month low of $10.41 and a 12 month high of $26.27. The business’s 50 day moving average price is $19.34 and its 200 day moving average price is $18.15.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Lake Street Capital increased their price objective on shares of QuinStreet from $20.00 to $25.00 and gave the company a “hold” rating in a research note on Tuesday. B. Riley raised their price objective on QuinStreet from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. Stephens increased their target price on QuinStreet from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Tuesday. Craig Hallum upped their price objective on QuinStreet from $25.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Barrington Research lifted their target price on shares of QuinStreet from $22.00 to $29.00 and gave the stock an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.00.

About QuinStreet

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.