Criteo (CRTO) Set to Announce Earnings on Wednesday

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Criteo (NASDAQ:CRTO) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 5th. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Tuesday, February 9th. The information services provider reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.22. Criteo had a return on equity of 11.08% and a net margin of 3.32%. The firm had revenue of $253.00 million for the quarter, compared to the consensus estimate of $228.52 million. During the same period last year, the business posted $1.08 EPS. The company’s revenue for the quarter was down 4.9% on a year-over-year basis. On average, analysts expect Criteo to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CRTO stock opened at $40.66 on Tuesday. Criteo has a twelve month low of $8.55 and a twelve month high of $40.82. The stock has a market cap of $2.47 billion, a P/E ratio of 37.65 and a beta of 1.05. The business’s 50-day moving average price is $35.57 and its 200-day moving average price is $25.01.

In related news, EVP Ryan Damon sold 1,400 shares of the company’s stock in a transaction that occurred on Thursday, March 11th. The shares were sold at an average price of $35.00, for a total transaction of $49,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 4,278 shares of company stock worth $146,949 over the last three months. Corporate insiders own 4.56% of the company’s stock.

Several research analysts recently issued reports on the company. Raymond James increased their price objective on Criteo from $17.00 to $36.00 and gave the stock an “outperform” rating in a research note on Thursday, February 11th. Truist raised their target price on Criteo from $37.00 to $45.00 in a research note on Monday. Zacks Investment Research cut shares of Criteo from a “buy” rating to a “hold” rating in a research note on Wednesday, April 14th. Morgan Stanley raised their price objective on shares of Criteo from $16.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 30th. Finally, Macquarie upgraded Criteo from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Thursday, February 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $29.25.

About Criteo

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.

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Earnings History for Criteo (NASDAQ:CRTO)

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