Zeta Global (ZETA) Set to Announce Earnings on Monday

Zeta Global (NASDAQ:ZETA) will issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Zeta Global has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Zeta Global (NASDAQ:ZETA) last announced its earnings results on Tuesday, February 27th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.36). Zeta Global had a negative return on equity of 123.59% and a negative net margin of 25.73%. The business had revenue of $210.00 million for the quarter, compared to analyst estimates of $207.53 million. During the same quarter in the previous year, the company posted ($0.36) EPS. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, analysts expect Zeta Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zeta Global Trading Up 1.6 %

Zeta Global stock opened at $12.82 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a 50-day moving average of $11.23 and a 200-day moving average of $9.70. The company has a market cap of $2.80 billion, a price-to-earnings ratio of -10.59 and a beta of 1.12. Zeta Global has a one year low of $7.24 and a one year high of $12.99.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ZETA. Barclays lifted their price objective on shares of Zeta Global from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, February 28th. William Blair restated an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 28th. Needham & Company LLC reissued a “buy” rating and set a $13.00 target price on shares of Zeta Global in a report on Wednesday, February 28th. DA Davidson assumed coverage on Zeta Global in a report on Wednesday, April 3rd. They set a “buy” rating and a $15.00 price objective for the company. Finally, TheStreet raised shares of Zeta Global from a “d+” rating to a “c-” rating in a research report on Tuesday, January 30th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Zeta Global currently has a consensus rating of “Buy” and an average price target of $15.00.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.