Ziprecruiter Inc reports results for the quarter ended March 31 - Earnings Summary

• Ziprecruiter Inc ZIP.N reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -20 cents to -11 cents per share.

• Revenue fell 10% to $110.07 million from a year ago; analysts expected $109.30 million.

• Ziprecruiter Inc's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $12.83 million.

• Ziprecruiter Inc shares had fallen by 9.7% this quarter and lost 26.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 90.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the employment services peer group is also "hold"

• Wall Street's median 12-month price target for Ziprecruiter Inc is $7.50

This summary was machine generated from LSEG data May 8 at 11:59 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)