Thryv Holdings Inc reports results for the quarter ended in March - Earnings Summary

Thryv Holdings

02/05/2024 15:14

* Thryv Holdings Inc  THRY.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 25 cents.  The mean expectation of five analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 26 cents to 59 cents per share.
    * Revenue fell 4.9% to $233.62 million from a year ago;
analysts
expected $226.55 million. 
    * Thryv Holdings Inc's reported EPS for the quarter was 22
cents​.
    * The company reported quarterly net income of $8.42
million.
    * Thryv Holdings Inc shares had risen by 6.5% this
quarter and
gained 16.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 142.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for Thryv Holdings
Inc is $27.50 
This summary was machine generated from LSEG data May 2 at 02:14
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
 Mar. 31 2024      0.44           0.22           Missed
 Dec. 31 2023      0.37           0.32           Missed
 Sep. 30 2023      -0.69          -0.78          Missed
 Jun. 30 2023      0.56           0.43           Missed