Yext Inc reports results for the quarter ended April 30 - Earnings Summary

• Yext Inc YEXT.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 11 cents to 12 cents per share.

• Revenue rose 14.1% to $109.48 million from a year ago; analysts expected $107.60 million.

• Yext Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $770 thousand.

• Yext Inc shares had risen by 8.6% this quarter and gained 5.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

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

This summary was machine generated from LSEG data June 3 at 09:01 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)