comScore (NASDAQ:SCOR) Releases Earnings Results

comScore (NASDAQ:SCOR) announced its quarterly earnings data on Tuesday. The company reported ($1.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.01), Yahoo Finance reports. The firm had revenue of $85.84 million during the quarter, compared to analyst estimates of $88.70 million. comScore had a negative net margin of 19.57% and a negative return on equity of 47.78%. During the same quarter in the previous year, the business posted ($2.20) earnings per share. comScore updated its FY 2024 guidance to EPS.

comScore Trading Down 8.1 %

Shares of NASDAQ SCOR traded down $0.65 during trading hours on Friday, reaching $7.36. The stock had a trading volume of 16,396 shares, compared to its average volume of 20,044. The firm has a 50-day moving average of $13.36 and a 200-day moving average of $15.21. The firm has a market cap of $35.58 million, a price-to-earnings ratio of -0.46 and a beta of 1.20. comScore has a fifty-two week low of $7.11 and a fifty-two week high of $20.97.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. StockNews.com raised comScore from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC lowered their price target on comScore from $17.00 to $13.50 and set a “buy” rating for the company in a report on Wednesday. Finally, Craig Hallum cut their price objective on shares of comScore from $24.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th.

About comScore

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms in the United States, Europe, Latin America, Canada, and internationally. The company provides digital ad solutions, including Media Metrix Multi-Platform and Mobile Metrix, which measure websites and applications on computers, smartphones, and tablets; Video Metrix that delivers measurement of digital video consumption; Plan Metrix, which offers understanding of consumer lifestyle; Total Home Panel Suite, which capture OTT, connected TV, and IOT device usage and content consumption; CCR, which enhances validated campaign essentials verification of mobile and desktop video campaigns; XMedia Enhanced, which provides a deduplicated view of national programming content; Comscore marketing solutions; Lift Models, which measures the impact of advertising on a brand; Survey Analytics, which measure various consumer insights including brand health metrics; and Activation Solutions, including audience activation and content activation.