Insights Into Criteo (CRTO) Q1: Wall Street Projections for Key Metrics

Analysts on Wall Street project that Criteo S.A. (CRTO) will announce quarterly earnings of $0.61 per share in its forthcoming report, representing an increase of 32.6% year over year. Revenues are projected to reach $246.1 million, increasing 11.6% from the same quarter last year.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

Given this perspective, it's time to examine the average forecasts of specific Criteo metrics that are routinely monitored and predicted by Wall Street analysts.

According to the collective judgment of analysts, 'Revenue- Traffic Acquisition Costs (TAC)' should come in at $222.03 million. The estimate suggests a change of -1.1% year over year.

Based on the collective assessment of analysts, 'Revenue- Contribution ex-TAC' should arrive at $246.10 million. The estimate indicates a change of +11.6% from the prior-year quarter.

The consensus among analysts is that 'Revenue- Total' will reach $468.46 million. The estimate indicates a change of +5.3% from the prior-year quarter.

The average prediction of analysts places 'Revenue- Marketing Solutions' at $399.68 million. The estimate points to a change of +4.7% from the year-ago quarter.

The combined assessment of analysts suggests that 'Revenue- Retail Media' will likely reach $49.20 million. The estimate indicates a year-over-year change of +29.4%.

Analysts' assessment points toward 'Geographic Revenue- Americas' reaching $199.68 million. The estimate indicates a year-over-year change of +6.1%.

Analysts predict that the 'Geographic Revenue- EMEA' will reach $174.27 million. The estimate suggests a change of +8.8% year over year.

The consensus estimate for 'Geographic Revenue- APAC' stands at $90.75 million. The estimate indicates a change of -6% from the prior-year quarter.

Analysts expect 'Clients' to come in at 17,976. Compared to the current estimate, the company reported 18,679 in the same quarter of the previous year.

View all Key Company Metrics for Criteo here>>>

Shares of Criteo have demonstrated returns of +3.6% over the past month compared to the Zacks S&P 500 composite's -2% change. With a Zacks Rank #1 (Strong Buy), CRTO is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Only $1 to See All Zacks' Buys and Sells

We're not kidding.

Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.

Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.

See Stocks Now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Criteo S.A. (CRTO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.