TechTarget (TTGT) Q2 Earnings and Revenues Top Estimates

分组1 - TechTarget reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, but down from $0.45 per share a year ago, representing an earnings surprise of 10.53% [1] - The company posted revenues of $58.91 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.64% and showing an increase from $58.43 million year-over-year [2] - TechTarget has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has underperformed, losing about 17.2% since the beginning of the year, while the S&P 500 has gained 9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.47 on revenues of $59.68 million, and for the current fiscal year, it is $1.75 on revenues of $233.6 million [7] - The Zacks Industry Rank for Internet - Content is in the bottom 20% of over 250 Zacks industries, indicating potential challenges for stock performance [8]