* Taskus Inc reported quarterly adjusted earnings of 37 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of nine analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 31 cents to 33 cents per share.
* Revenue rose 13.2% to $255.35 million from a year ago; analysts expected $245.49 million.
* Taskus Inc's reported EPS for the quarter was 14 cents.
* The company reported quarterly net income of $12.7 million.
* Taskus Inc shares had risen by 20.4% this quarter and gained 19.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.2% 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 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for Taskus Inc is $18.00 This summary was machine generated from LSEG data November 8 at 09:06 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 0.32 0.37 Beat
Jun. 30 2024 0.31 0.31 Met
Mar. 31 2024 0.31 0.30 Missed
Dec. 31 2023 0.31 0.35 Beat
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