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

QuinStreet (NASDAQ:QNST) released its quarterly earnings results on Monday. The technology company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.07, Briefing.com reports. The company had revenue of $279.22 million for the quarter, compared to analyst estimates of $222.68 million. QuinStreet had a negative net margin of 5.11% and a negative return on equity of 13.00%. The firm’s revenue was up 125.3% on a year-over-year basis. During the same period last 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 14.7 %

Shares of NASDAQ:QNST traded up $2.96 during trading on Tuesday, reaching $23.16. 436,620 shares of the company traded hands, compared to its average volume of 396,632. QuinStreet has a 52-week low of $10.41 and a 52-week high of $26.27. The business’s fifty day moving average is $19.23 and its 200-day moving average is $18.09. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of -40.68 and a beta of 1.09.

Analysts Set New Price Targets

QNST has been the topic of several research analyst reports. Craig Hallum boosted their price objective on QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday. Stephens lifted their price objective on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday. B. Riley lifted their target price on shares of QuinStreet from $21.50 to $24.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Barrington Research reiterated an “outperform” rating and issued a $22.00 price target on shares of QuinStreet in a research report on Friday, August 9th. Finally, StockNews.com cut shares of QuinStreet from a “hold” rating to a “sell” rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.25.

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.