QuinStreet (QNST) Set to Announce Earnings on Thursday

QuinStreet (NASDAQ:QNST) is set to post its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect QuinStreet to post earnings of $0.11 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

QuinStreet (NASDAQ:QNST) last released its earnings results on Wednesday, May 8th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). The business had revenue of $168.59 million during the quarter, compared to the consensus estimate of $166.54 million. QuinStreet had a negative net margin of 15.59% and a negative return on equity of 38.56%. On average, analysts expect QuinStreet to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

QuinStreet Price Performance

QNST stock opened at $18.83 on Wednesday. The firm has a 50-day moving average price of $17.10 and a 200-day moving average price of $16.47. QuinStreet has a 12 month low of $8.44 and a 12 month high of $20.50.

Wall Street Analyst Weigh In

QNST has been the subject of several research reports. B. Riley began coverage on shares of QuinStreet in a research note on Friday, April 19th. They issued a “buy” rating and a $21.50 price objective for the company. Craig Hallum raised QuinStreet from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Tuesday, June 18th. Singular Research raised QuinStreet to a “moderate buy” rating in a report on Tuesday, May 14th. Barrington Research reiterated an “outperform” rating and issued a $22.00 target price on shares of QuinStreet in a research report on Monday, July 15th. Finally, StockNews.com upgraded QuinStreet to a “sell” rating in a report on Saturday, April 13th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat, QuinStreet currently has an average rating of “Moderate Buy” and a consensus target price of $20.88.

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.