* Taboola.com Ltd reported quarterly adjusted earnings of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of seven analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 7 cents to 9 cents per share.
* Revenue rose 20.2% to $433.01 million from a year ago; analysts expected $429.43 million.
* Taboola.com Ltd's reported EPS for the quarter was a loss of 2 cents.
* The company reported a quarterly loss of $6.45 million.
* Taboola.com Ltd shares had fallen by 0.6% this quarter and lost 22.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.4% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Taboola.com Ltd is $5.50 This summary was machine generated from LSEG data November 7 at 02:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.08 0.06 Missed
Jun. 30 2024 0.00 0.07 Beat
Mar. 31 2024 -0.03 0.01 Beat
Dec. 31 2023 0.03 0.09 Beat
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