Zeta Global (ZETA) Scheduled to Post Quarterly Earnings on Wednesday

Zeta Global (NASDAQ:ZETA) is set to issue its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Zeta Global has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Zeta Global (NASDAQ:ZETA) last announced its quarterly earnings data on Monday, May 6th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.02. Zeta Global had a negative net margin of 22.20% and a negative return on equity of 101.48%. The business had revenue of $195.00 million during the quarter, compared to analysts’ expectations of $187.16 million. During the same period in the previous year, the business posted ($0.38) EPS. The business’s quarterly revenue was up 23.7% compared to the same quarter last year. On average, analysts expect Zeta Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zeta Global Stock Performance

Shares of NASDAQ ZETA opened at $20.92 on Tuesday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.96. Zeta Global has a 12 month low of $7.24 and a 12 month high of $21.64. The company has a 50 day simple moving average of $17.59 and a two-hundred day simple moving average of $13.57. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of -19.73 and a beta of 1.23.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Craig Hallum boosted their target price on shares of Zeta Global from $15.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Barclays boosted their target price on shares of Zeta Global from $15.00 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, May 7th. B. Riley boosted their price target on shares of Zeta Global from $18.50 to $24.00 and gave the stock a “buy” rating in a report on Friday, July 19th. DA Davidson boosted their price target on shares of Zeta Global from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Finally, Roth Mkm boosted their price target on shares of Zeta Global from $21.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Zeta Global presently has a consensus rating of “Buy” and an average price target of $21.42.

About Zeta Global

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.