Ziff Davis (NASDAQ:ZD) reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Ziff Davis beat estimated earnings by 1.65%, reporting an EPS of $1.23 versus an estimate of $1.21.
Revenue was down $83.12 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 6.77% increase in the share price the next day.
Here’s a look at Ziff Davis’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.07 | 2.24 | 2.03 | 1.66 |
| EPS Actual | 2.17 | 2.34 | 2.41 | 2.18 |
| Revenue Estimate | 407.10M | 425.48M | 394.56M | 363.23M |
| Revenue Actual | 408.63M | 444.25M | 429.04M | 398.19M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Ziff Davis management provided guidance for FY 2022, expecting earnings between $6.52 and $6.79 per share.
To track all earnings releases for Ziff Davis visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
