QuinStreet Q1 revenue beats expectations on strong demand in auto insurance

Reuters11-07
<a href="https://laohu8.com/S/QNST">QuinStreet</a> Q1 revenue beats expectations on strong demand in auto insurance

Overview

  • QuinStreet fiscal Q1 revenue rises 2% yr/yr, beating analyst expectations

  • Adjusted EBITDA for fiscal Q1 beats analyst estimates

  • Company announces new $40 mln share repurchase program

Outlook

  • QuinStreet expects Q2 revenue between $270 mln and $280 mln

  • Company anticipates FY26 revenue to grow at least 10% year-over-year

  • QuinStreet projects FY26 adjusted EBITDA to grow at least 20% year-over-year

Result Drivers

  • AUTO INSURANCE - Strong demand in Auto Insurance contributed significantly to revenue growth, with expectations for further growth as tariff uncertainties clear

  • HOME SERVICES - Record revenue in Home Services driven by strong double-digit growth, contributing to overall revenue increase

  • AI INVESTMENTS - Company investing in AI to accelerate growth and expand margins, leveraging structured proprietary data

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$286 mln

$279.92 mln (5 Analysts)

Q1 Net Income

$4.54 mln

Q1 Adjusted EBITDA

Beat

$20.50 mln

$20.16 mln (5 Analysts)

Q1 Gross Profit

$26.94 mln

Q1 Operating Income

$4.79 mln

Q1 Pretax Profit

$4.72 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the online services peer group is "buy"

  • Wall Street's median 12-month price target for QuinStreet Inc is $21.50, about 30.7% above its November 5 closing price of $14.90

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwQg3lxa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment