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

QuinStreet (NASDAQ:QNST) posted its quarterly earnings data 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 business had revenue of $279.22 million during the quarter, compared to the consensus estimate of $222.68 million. QuinStreet had a negative return on equity of 13.00% and a negative net margin of 5.11%. QuinStreet’s quarterly revenue was up 125.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.19) earnings per share. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

QuinStreet Trading Up 14.8 %

NASDAQ QNST traded up $2.99 during trading hours on Tuesday, hitting $23.19. The company’s stock had a trading volume of 371,268 shares, compared to its average volume of 396,326. QuinStreet has a 52 week low of $10.41 and a 52 week high of $26.27. The company has a market capitalization of $1.30 billion, a PE ratio of -40.68 and a beta of 1.09. The company’s 50-day simple moving average is $19.23 and its two-hundred day simple moving average is $18.09.

Analysts Set New Price Targets

A number of analysts recently weighed in on QNST shares. Craig Hallum increased their price objective on QuinStreet from $25.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. Stephens increased their price target on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday. Barrington Research reiterated an “outperform” rating and set a $22.00 price target on shares of QuinStreet in a report on Friday, August 9th. StockNews.com downgraded QuinStreet from a “hold” rating to a “sell” rating in a report on Thursday, October 31st. Finally, B. Riley increased their price objective on shares of QuinStreet from $21.50 to $24.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.