Performance marketing company QuinStreet (NASDAQ: QNST) will be reporting earnings this Thursday after the bell. Here’s what investors should know.
QuinStreet beat analysts’ revenue expectations by 0.7% last quarter, reporting revenues of $262.1 million, up 32.1% year on year. It was a slower quarter for the company, with revenue guidance for next quarter missing analysts’ expectations significantly.
Is QuinStreet a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting QuinStreet’s revenue to be flat year on year at $279.9 million, slowing from the 125% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.21 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. QuinStreet has missed Wall Street’s revenue estimates twice over the last two years.
Looking at QuinStreet’s peers in the media & entertainment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Omnicom Group delivered year-on-year revenue growth of 4%, meeting analysts’ expectations, and IMAX reported revenues up 16.6%, topping estimates by 0.6%. Omnicom Group traded up 3.2% following the results while IMAX was down 1.1%.
Read our full analysis of Omnicom Group’s results here and IMAX’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the media & entertainment stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. QuinStreet is down 4.2% during the same time and is heading into earnings with an average analyst price target of $21.75 (compared to the current share price of $14.75).
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