Ziff Davis: Q1 Earnings Insights

Ziff Davis ZD reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:00 PM.

Here's what investors need to know about the announcement.

Ziff Davis beat estimated earnings by 1.65%, reporting an EPS of $1.23 versus an estimate of $1.21.

Revenue was down $83.12 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 6.77% increase in the share price the next day.

Here's a look at Ziff Davis's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.07	2.24	2.03	1.66
EPS Actual	2.17	2.34	2.41	2.18
Revenue Estimate	407.10M	425.48M	394.56M	363.23M
Revenue Actual	408.63M	444.25M	429.04M	398.19M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Ziff Davis management provided guidance for FY 2022, expecting earnings between $6.52 and $6.79 per share.

To track all earnings releases for Ziff Davis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.