Thryv (THRY) Set to Announce Quarterly Earnings on Thursday

Thryv (NASDAQ:THRY) is set to announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Thryv has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Thryv (NASDAQ:THRY) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.09). The firm had revenue of $236.16 million for the quarter, compared to analyst estimates of $231.77 million. Thryv had a positive return on equity of 2.82% and a negative net margin of 28.28%. The business’s revenue was down 15.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.51 earnings per share. On average, analysts expect Thryv to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Thryv Stock Performance

Shares of NASDAQ:THRY opened at $22.90 on Thursday. The firm has a market capitalization of $814.32 million, a PE ratio of -3.06 and a beta of 0.95. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.01 and a quick ratio of 1.01. The business has a 50-day moving average of $21.78 and a two-hundred day moving average of $20.11. Thryv has a 12 month low of $15.99 and a 12 month high of $26.01.

Insider Transactions at Thryv

In other Thryv news, CEO Joe Walsh purchased 5,000 shares of Thryv stock in a transaction that occurred on Monday, February 26th. The stock was purchased at an average price of $19.01 per share, with a total value of $95,050.00. Following the completion of the acquisition, the chief executive officer now owns 501,172 shares of the company’s stock, valued at approximately $9,527,279.72. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

THRY has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $42.00 target price on shares of Thryv in a research report on Thursday, January 18th. TheStreet downgraded Thryv from a “c-” rating to a “d” rating in a research report on Friday, March 1st.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.