Core Insights - LegalZoom (LZ) is expected to report quarterly earnings of $0.16 per share, reflecting a 23.1% increase year-over-year, with revenues projected at $160.26 million, a 1% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 5.9% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenue- Subscription' to reach $110.78 million, a 3.8% increase from the prior year [5]. - The consensus for 'Revenue- Transaction' is $49.48 million, indicating a 4.7% decrease from the previous year [5]. Key Metrics - The estimated 'Number of subscription units' is 1,723, up from 1,545 in the same quarter last year [5]. - The 'Average Order Value' is projected at $211.02, down from $242 in the same quarter last year [6]. - Analysts predict 'Number of Transactions units' to be 235, an increase from 215 year-over-year [6]. - The 'Number of business formations' is expected to be 107, down from 113 in the same quarter last year [6]. Stock Performance - Over the past month, LegalZoom shares have returned -1%, compared to the Zacks S&P 500 composite's -1.8% change, with a current Zacks Rank of 3 (Hold) [7].

Company Overview - LegalZoom.com, Inc. is a leading online platform for legal services, focusing on business formation in the United States [2] - The company aims to unleash entrepreneurship by providing comprehensive legal and compliance products and expertise for small business owners [2] - LegalZoom supports millions of small business owners through easy-to-use technology, offering services from free business formations to professional advisory services [2] Upcoming Events - Jeff Stibel, Chairman and CEO, and Noel Watson, COO and CFO, will participate in the Citizens JMP Technology Conference on March 3, 2025, at 9:00 a.m. PT [1][3] - A live audio webcast of the presentation will be available on the LegalZoom Investor Relations website [1] - Management will also attend the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, hosting meetings with investors [3]

Core Insights - LegalZoom has acquired Formation Nation, enhancing its service offerings for small business customers through improved customer support and technology integration [1][2][4] - The acquisition is part of LegalZoom's strategy to attract higher value customers and differentiate its brand as a premium business formation advisor [2][3] - The transaction closed on February 10, 2025, with LegalZoom paying $49.3 million in cash and approximately 2.2 million restricted shares, plus an additional $15.4 million subject to holdback [4] Financial Performance - LegalZoom reported preliminary financial results for Q4 and full year 2024, estimating revenue of approximately $161.7 million for Q4 and $681.9 million for the full year [11] - The company anticipates an Adjusted EBITDA of approximately $44.2 million for Q4 and $148.1 million for the full year, with net income of approximately $12.9 million for Q4 and $30.0 million for the full year [11][13] - Cash flow provided by operating activities is estimated at approximately $42.6 million for Q4 and $135.6 million for the full year, with free cash flow of approximately $35.9 million for Q4 and $99.9 million for the full year [11][15] Strategic Benefits - The acquisition will allow LegalZoom to leverage Formation Nation's "Inc Authority" brand to cater to customers seeking lower-cost, do-it-yourself business formation solutions [3] - LegalZoom aims to enhance its consultative service and customer education experience through the integration of Formation Nation's customer service expertise [2][4] - The addition of Formation Nation is expected to positively contribute to LegalZoom's Adjusted EBITDA and be accretive to Adjusted Earnings per Share in the first year post-acquisition [4]

Group 1 - LegalZoom.com, Inc. will report its financial results for Q4 and full year 2024 on February 26, 2025, after market close [1] - The conference call and webcast will be hosted by CEO Jeff Stibel and COO/CFO Noel Watson at 4:30 p.m. ET on the same day [1] - A replay of the webcast will be available on the LegalZoom Investor Relations website following the live event [2] Group 2 - LegalZoom is a leading online platform for business formation in the United States, aimed at supporting small business owners [3] - The company provides a range of legal and compliance products, including business formations and management solutions [3] - LegalZoom's mission is to make legal and financial expertise affordable and accessible to everyone, empowering entrepreneurs [3]

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. LegalZoom (LZ) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.LegalZoom is a member of the Industrial Products sector. This gro ...

Company Overview - LegalZoom (LZ) shares increased by 6.8% to close at $9, with a notable trading volume, and have gained 7.8% over the past four weeks [1] - An analyst at J.P. Morgan upgraded LegalZoom's stock rating from Underweight to Overweight and raised the price target from $8.00 to $9.00 [1][2] Financial Performance - The analyst's upgrade is supported by improved business formation data, indicating a reversal from declines in 2024 [2] - LegalZoom is expected to provide 2025 adjusted EBITDA guidance that exceeds analysts' estimates by at least 5% [2] - The anticipated adjusted EBITDA for 2025 is projected to be $15 million higher year-over-year, compared to a consensus estimate of an $8 million increase [3] Earnings Expectations - LegalZoom is expected to report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 30.8% [4] - Revenue for the upcoming quarter is projected at $160.52 million, a 1.2% increase from the previous year [4] - The consensus EPS estimate for the quarter has been revised 13.3% higher over the last 30 days, indicating a positive trend in earnings estimate revisions [5] Industry Context - LegalZoom operates within the Zacks Industrial Services industry, where W.W. Grainger (GWW) also resides, having closed 1% higher at $1,132.42 [5] - GWW's consensus EPS estimate has changed by -0.7% over the past month, with a year-over-year change of 17.1% [6]

LegalZoom (LZ) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this online platform for legal services reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings ...

LegalZoom.com Inc LZ could benefit from the positive inflection in business formations in November and December 2024, according to JPMorgan.The LegalZoom.com Analyst: Analyst Ella Smith upgraded the rating for LegalZoom.com from Underweight to Overweight, while raising the price target from $8 to $9.The LegalZoom.com Thesis: While there were steep declines business formations data through most of 2024, the data for the last two months of the year "seems to indicate the trend is reversing," Smith said in the ...

Entrepreneurs are motivated by aspirations like fulfilling dreams, validating their efforts, and protecting their assets. Now is the time for entrepreneurs to turn New Year's dreams into business realitiesMOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq:LZ), a leading online platform for legal services, today released new customer data showing that approximately 30% of new businesses are formed in the first quarter, up from 27% in 2021 – making January an ideal launching pad for a ...

SAN DIEGO, Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating LegalZoom.com, Inc. (NASDAQ: LZ) to determine whether certain LegalZoom.com officers and directors violated securities laws and breached fiduciary duties to shareholders. LegalZoom.com, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. What Now: If you own shares of LegalZoom.com, ...