LegalZoom (LZ) Q4 Earnings Surpass Estimates

Core Insights - LegalZoom reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and up from $0.13 per share a year ago, representing an earnings surprise of 18.75% [1] - The company posted revenues of $161.71 million for the quarter ended December 2024, matching the Zacks Consensus Estimate and showing an increase from $158.66 million year-over-year [2] - LegalZoom's shares have increased approximately 19.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $173.01 million, and for the current fiscal year, it is $0.60 on revenues of $693.85 million [7] - The estimate revisions trend for LegalZoom is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Industrial Services industry, to which LegalZoom belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact LegalZoom's stock performance [5]