Ziprecruiter Inc reports results for the quarter ended June 30 - Earnings Summary

• Ziprecruiter Inc ZIP.N reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended June 30, 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 13 cents per share. Wall Street expected results to range from -19 cents to -9 cents per share.

• Revenue fell 9.2% to $112.23 million from a year ago; analysts expected $111.91 million.

• Ziprecruiter Inc's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $9.51 million.

• Ziprecruiter Inc shares had fallen by 20.4% this quarter and lost 44.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "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 "buy."

• Wall Street's median 12-month price target for Ziprecruiter Inc is $6.50, about 46.5% above its last closing price of $3.48

This summary was machine generated from LSEG data August 11 at 09:00 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)