QuinStreet (NASDAQ:QNST) Posts Earnings Results, Beats Expectations By $0.07 EPS

QuinStreet (NASDAQ:QNST) announced its earnings results 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 net margin of 2.88% and a negative return on equity of 8.83%. The business’s quarterly revenue was up 125.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.19) earnings per share. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

QuinStreet Trading Up 7.2 %

Shares of QNST traded up $1.53 during trading hours on Wednesday, reaching $22.85. The company had a trading volume of 810,688 shares, compared to its average volume of 411,015. The company has a market capitalization of $1.28 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 firm has a 50 day simple moving average of $19.34 and a 200-day simple moving average of $18.15.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on QNST. B. Riley increased their price objective on QuinStreet from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday. Stephens increased their price target on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday. Barrington Research boosted their price objective on shares of QuinStreet from $22.00 to $29.00 and gave the company an “outperform” rating in a research note on Tuesday. Craig Hallum raised their target price on shares of QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, StockNews.com lowered shares of QuinStreet from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, QuinStreet has an average rating of “Moderate Buy” and an average price target of $29.00.

QuinStreet Company Profile

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.