Viant Technology Inc. Just Recorded A 89% EPS Beat: Here's What Analysts Are Forecasting Next

Simply Wall St.11-15

Viant Technology Inc. (NASDAQ:DSP) just released its latest quarterly results and things are looking bullish. It was a solid earnings report, with revenues and statutory earnings per share (EPS) both ...

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It was a solid earnings report, with revenues and statutory earnings per share (EPS) both ...</p>\n\n<a href=\"https://finance.yahoo.com/news/viant-technology-inc-just-recorded-115251931.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Viant Technology Inc. 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Just Recorded A 89% EPS Beat: Here's What Analysts Are Forecasting Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/viant-technology-inc-just-recorded-115251931.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Viant Technology Inc. (NASDAQ:DSP) just released its latest quarterly results and things are looking bullish. It was a solid earnings report, with revenues and statutory earnings per share (EPS) both ...</p>\n\n<a href=\"https://finance.yahoo.com/news/viant-technology-inc-just-recorded-115251931.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DSP","symbol_name":"Viant Technology Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/viant-technology-inc-just-recorded-115251931.html","article_id":"2483320767","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/3wFOxca.gMo3EgB9BjBM9g--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/41bdd0c670f621394929d5266c5d6c72"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483320767","pubTimestamp":1731671571,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Viant Technology Inc.  just released its latest quarterly results and things are looking bullish. It was a solid earnings report, with revenues and statutory earnings per share  both coming in strong. Revenues were 16% higher than the analysts had forecast, at US$80m, while EPS were US$0.09 beating analyst models by 89%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.Check out our latest analysis for Viant Technology. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Viant Technology following these results. Pleasantly, they also upgraded their revenue estimates, a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DSP":"Viant Technology Inc."},"translate_title":"Viant Technology Inc.的每股收益刚刚超出89%：以下是分析师的下一步预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DSP":1},"content_text":"Viant Technology Inc. (NASDAQ:DSP) just released its latest quarterly results and things are looking bullish. It was a solid earnings report, with revenues and statutory earnings per share (EPS) both coming in strong. Revenues were 16% higher than the analysts had forecast, at US$80m, while EPS were US$0.09 beating analyst models by 89%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. \n Check out our latest analysis for Viant Technology \n\n\n\n  NasdaqGS:DSP Earnings and Revenue Growth November 15th 2024\n \n\n Taking into account the latest results, the most recent consensus for Viant Technology from six analysts is for revenues of US$317.2m in 2025. If met, it would imply a major 20% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 266% to US$0.28. In the lead-up to this report, the analysts had been modelling revenues of US$298.2m and earnings per share (EPS) of US$0.18 in 2025. So it seems there's been a definite increase in optimism about Viant Technology's future following the latest results, with a great increase in the earnings per share forecasts in particular. \n With these upgrades, we're not surprised to see that the analysts have lifted their price target 44% to US$18.50per share. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Viant Technology at US$22.00 per share, while the most bearish prices it at US$17.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects. \n Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Viant Technology's rate of growth is expected to accelerate meaningfully, with the forecast 16% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 8.6% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 12% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Viant Technology is expected to grow much faster than its industry. \nThe Bottom Line \n The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Viant Technology following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving. \n With that in mind, we wouldn't be too quick to come to a conclusion on Viant Technology. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Viant Technology analysts - going out to 2026, and you can see them free on our platform here. \n Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades  for the last twelve months on our platform, here. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483320767"}