DoubleVerify Holdings (DV) Lags Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - DoubleVerify Holdings (DV) reported quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of$ 0.18 per share, and down from $0.19 per share a year ago [1] - The earnings surprise for this quarter was -27.78%, while the previous quarter saw a positive surprise of 42.86% with actual earnings of$ 0.10 per share against an expectation of $0.07 [2] - The company posted revenues of$ 190.6 million for the quarter, missing the Zacks Consensus Estimate by 3.02%, compared to $172.23 million in the same quarter last year [3] Group 2: Stock Performance and Outlook - DoubleVerify shares have increased approximately 12.4% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [4] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at$ 0.06 for the next quarter and $0.49 for the current fiscal year, with revenues expected at$ 158.15 million and $742.56 million respectively [5][8] - The Zacks Rank for DoubleVerify is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Group 3: Industry Context - The Internet - Software industry, to which DoubleVerify belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9] - Another company in the same industry, StoneCo Ltd. (STNE), is expected to report quarterly earnings of$ 0.32 per share, reflecting a year-over-year decline of 11.1% [10]