QuinStreet (NASDAQ:QNST) Issues Quarterly Earnings Results

QuinStreet (NASDAQ:QNST) released its earnings results on Monday. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.07, Briefing.com reports. QuinStreet had a negative return on equity of 13.00% and a negative net margin of 5.11%. The firm had revenue of $279.22 million during the quarter, compared to analysts’ expectations of $222.68 million. During the same period in the prior year, the company earned ($0.19) earnings per share. The company’s quarterly revenue was up 125.3% on a year-over-year basis. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

QuinStreet Stock Up 14.8 %

Shares of NASDAQ:QNST traded up $2.99 during trading on Tuesday, hitting $23.19. 371,268 shares of the company were exchanged, compared to its average volume of 396,326. The business’s 50 day moving average is $19.23 and its 200-day moving average is $18.09. The company has a market capitalization of $1.30 billion, a P/E ratio of -40.68 and a beta of 1.09. QuinStreet has a 1-year low of $10.41 and a 1-year high of $26.27.

Wall Street Analyst Weigh In

QNST has been the subject of several recent analyst reports. StockNews.com cut QuinStreet from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st. Craig Hallum upped their target price on QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. B. Riley upped their target price on QuinStreet from $21.50 to $24.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Barrington Research restated an “outperform” rating and set a $22.00 target price on shares of QuinStreet in a research note on Friday, August 9th. Finally, Stephens upped their target price on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.25.

About QuinStreet

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.