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

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

QuinStreet Trading Down 2.5 %

QuinStreet stock traded down $0.58 during trading hours on Thursday, reaching $22.27. 47,138 shares of the stock were exchanged, compared to its average volume of 409,331. The stock has a 50 day moving average of $19.34 and a two-hundred day moving average of $18.15. QuinStreet has a twelve month low of $10.41 and a twelve month high of $26.27. The company has a market cap of $1.25 billion, a P/E ratio of -57.13 and a beta of 1.09.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on QNST shares. B. Riley lifted their price target on shares of QuinStreet from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday. Craig Hallum boosted their target price on shares of QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday. Barrington Research lifted their price objective on shares of QuinStreet from $22.00 to $29.00 and gave the stock an “outperform” rating in a research report on Tuesday. Lake Street Capital boosted their price target on QuinStreet from $20.00 to $25.00 and gave the company a “hold” rating in a research note on Tuesday. Finally, Stephens lifted their price objective on shares of QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, QuinStreet presently has an average 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.