Zeta Global Set to Report Earnings After Market Close

NEW YORK, NY — Zeta Global, a marketing technology company, is scheduled to report its earnings this Tuesday after market hours. Investors are eagerly awaiting the results, with analysts predicting a revenue increase of 22.3% year-on-year to $328.2 million.

Last quarter, Zeta Global surpassed revenue expectations by 3.9%, posting $308.4 million in sales, marking a 35.4% growth compared to the previous year. The company also exceeded analysts’ EBITDA estimates, a trend that has characterized Zeta Global’s performance over the past two years.

This quarter, analysts expect adjusted earnings to be around $0.18 per share, down from the previous year’s significantly higher earnings. Despite this slowdown, many analysts have retained their estimates, indicating confidence in the company’s stability moving into this earnings report.

Over the past month, the sales and marketing software sector has seen steady performance, with share prices declining by an average of 1%. In contrast, Zeta Global has experienced a 9.4% drop during the same period, with its current share price at $18.11 compared to the average analyst-target price of $28.27.

Peers such as GoDaddy and VeriSign have already reported their Q3 results, showing a 10.3% and 7.3% growth in revenues respectively, which may serve as indicators for Zeta Global’s performance. Investors are particularly interested in whether Zeta will continue its pattern of beating Wall Street‘s expectations.

The upcoming earnings report will provide a clearer picture of the company’s trajectory and its ability to navigate a slowing revenue growth environment.