Direct Digital Holdings Inc DRCT.OQ DRCT.O is expected to show a rise in quarterly revenue when it reports results on August 26 (estimated) for the period ending March 31 2024
The Houston Texas-based company is expected to report a 10.5% increase in revenue to $23.459 million from $21.22 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Direct Digital Holdings Inc is for a loss of 14 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Direct Digital Holdings Inc is $17.00, above its last closing price of $3.10.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Dec. 31 2023 |
0.26 |
0.02 |
Missed |
-93.5 |
|
Jan. 1 2023 |
0.06 |
0.05 |
0.23 |
Beat |
331.3 |
Jun. 30 2023 |
0.11 |
0.11 |
0.08 |
Missed |
-25 |
Mar. 31 2023 |
-0.09 |
-0.08 |
-0.09 |
Missed |
-9.1 |
Dec. 31 2022 |
0.10 |
0.10 |
0.01 |
Missed |
-89.7 |
Sep. 30 2022 |
0.05 |
0.05 |
0.06 |
Beat |
20 |
Jun. 30 2022 |
0.07 |
0.06 |
0.18 |
Beat |
184.2 |
Mar. 31 2022 |
-0.06 |
-0.06 |
-0.09 |
Missed |
-38.5 |
This summary was machine generated August 23 at 20:22 GMT. 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)