We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street's Insights Into Key Metrics Ahead of DoubleVerify (DV) Q4 Earnings
Read MoreHide Full Article
In its upcoming report, DoubleVerify Holdings (DV - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.33 per share, reflecting an increase of 153.9% compared to the same period last year. Revenues are forecasted to be $208.67 million, representing a year-over-year increase of 9.5%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain DoubleVerify metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus estimate for 'Revenue by customer type- Measurement' stands at $69.84 million. The estimate suggests a change of +8.5% year over year.
The combined assessment of analysts suggests that 'Revenue by customer type- Supply-side' will likely reach $19.00 million. The estimate points to a change of +13.6% from the year-ago quarter.
Analysts' assessment points toward 'Revenue by customer type- Activation' reaching $119.62 million. The estimate indicates a change of +9.2% from the prior-year quarter.
Over the past month, shares of DoubleVerify have returned -16.2% versus the Zacks S&P 500 composite's -0.3% change. Currently, DV carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Wall Street's Insights Into Key Metrics Ahead of DoubleVerify (DV) Q4 Earnings
In its upcoming report, DoubleVerify Holdings (DV - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.33 per share, reflecting an increase of 153.9% compared to the same period last year. Revenues are forecasted to be $208.67 million, representing a year-over-year increase of 9.5%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain DoubleVerify metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus estimate for 'Revenue by customer type- Measurement' stands at $69.84 million. The estimate suggests a change of +8.5% year over year.
The combined assessment of analysts suggests that 'Revenue by customer type- Supply-side' will likely reach $19.00 million. The estimate points to a change of +13.6% from the year-ago quarter.
Analysts' assessment points toward 'Revenue by customer type- Activation' reaching $119.62 million. The estimate indicates a change of +9.2% from the prior-year quarter.
View all Key Company Metrics for DoubleVerify here>>>Over the past month, shares of DoubleVerify have returned -16.2% versus the Zacks S&P 500 composite's -0.3% change. Currently, DV carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .