QuinStreet (QNST) Q1 Earnings and Revenues Surpass Estimates

Core Insights - QuinStreet (QNST) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing a significant improvement from a loss of $0.03 per share a year ago, resulting in an earnings surprise of 22.22% [1] - The company generated revenues of $279.22 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 25.18%, and showing a substantial increase from $123.92 million in the same quarter last year [2] - QuinStreet's stock has increased approximately 55.3% year-to-date, outperforming the S&P 500's gain of 20.1% [3] Earnings Outlook - The future performance of QuinStreet's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.10 on revenues of $179.31 million, and for the current fiscal year, it is $0.61 on revenues of $832.39 million [7] Industry Context - The Internet - Delivery Services industry, to which QuinStreet belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]