TaskUs (TASK) Scheduled to Post Earnings on Thursday

TaskUs (NASDAQ:TASK) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. TaskUs has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

TaskUs (NASDAQ:TASK) last announced its earnings results on Thursday, August 8th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $237.93 million for the quarter, compared to analyst estimates of $231.15 million. TaskUs had a return on equity of 16.93% and a net margin of 5.44%. On average, analysts expect TaskUs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TaskUs Price Performance

Shares of NASDAQ TASK opened at $14.01 on Wednesday. TaskUs has a fifty-two week low of $9.98 and a fifty-two week high of $17.97. The company has a market cap of $1.24 billion, a PE ratio of 25.47, a P/E/G ratio of 3.47 and a beta of 2.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.23 and a current ratio of 3.23. The business has a 50-day simple moving average of $12.51 and a two-hundred day simple moving average of $13.54.

Analyst Ratings Changes

TASK has been the subject of a number of recent analyst reports. Royal Bank of Canada lifted their target price on shares of TaskUs from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Friday, August 9th. Bank of America raised TaskUs from an “underperform” rating to a “neutral” rating and upped their target price for the company from $12.00 to $18.00 in a research report on Monday, July 22nd. JPMorgan Chase & Co. lowered their price target on TaskUs from $17.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, September 6th. Robert W. Baird increased their price objective on TaskUs from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, July 11th. Finally, Citigroup lifted their target price on TaskUs from $18.00 to $19.00 and gave the stock a “buy” rating in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.38.

TaskUs Company Profile

TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.