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

QuinStreet (NASDAQ:QNST) announced its earnings results on Monday. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.07, Briefing.com reports. The company had revenue of $279.22 million during the quarter, compared to analyst estimates of $222.68 million. QuinStreet had a negative net margin of 2.88% and a negative return on equity of 8.83%. The firm’s quarterly revenue was up 125.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.19) earnings per share. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

QuinStreet Price Performance

Shares of QNST stock traded down $0.19 during trading hours on Thursday, hitting $22.66. The stock had a trading volume of 98,610 shares, compared to its average volume of 409,475. The stock’s 50-day moving average price is $19.34 and its two-hundred day moving average price is $18.15. QuinStreet has a one year low of $10.41 and a one year high of $26.27. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -57.13 and a beta of 1.09.

Wall Street Analysts Forecast Growth

QNST has been the subject of several analyst reports. Stephens increased their target price on QuinStreet from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Tuesday. B. Riley raised their price target on QuinStreet from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday. Craig Hallum upped their price target on shares of QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. Lake Street Capital raised their price objective on shares of QuinStreet from $20.00 to $25.00 and gave the company a “hold” rating in a research note on Tuesday. Finally, StockNews.com cut QuinStreet from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, QuinStreet currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

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.