Brokerages expect that Criteo SA (NASDAQ:CRTO) will announce $0.46 earnings per share (EPS) for the current quarter, Zacks reports. Eight analysts have made estimates for Criteo’s earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.54. Criteo also posted earnings per share of $0.46 in the same quarter last year. The firm is expected to report its next earnings results on Wednesday, May 2nd.
On average, analysts expect that Criteo will report full year earnings of $2.29 per share for the current year, with EPS estimates ranging from $2.11 to $2.60. For the next fiscal year, analysts forecast that the firm will report earnings of $2.64 per share, with EPS estimates ranging from $1.98 to $3.05. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Criteo.
Criteo (NASDAQ:CRTO) last issued its quarterly earnings results on Wednesday, February 14th. The information services provider reported $1.21 EPS for the quarter, topping the consensus estimate of $0.74 by $0.47. Criteo had a net margin of 3.97% and a return on equity of 15.34%. The company had revenue of $277.00 million during the quarter, compared to analysts’ expectations of $262.02 million. During the same quarter in the previous year, the company earned $0.84 EPS. Criteo’s revenue was up 23.1% on a year-over-year basis.
Shares of Criteo (NASDAQ CRTO) opened at $30.51 on Tuesday. Criteo has a 1 year low of $21.00 and a 1 year high of $56.00. The company has a market cap of $1,981.78, a P/E ratio of 22.77, a PEG ratio of 0.98 and a beta of 1.82.
In other news, insider Jean-Baptiste Rudelle sold 1,261 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $24.78, for a total value of $31,247.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric Eichmann sold 7,153 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $24.87, for a total transaction of $177,895.11. The disclosure for this sale can be found here. 5.60% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the company. Global Thematic Partners LLC boosted its holdings in shares of Criteo by 42.5% in the fourth quarter. Global Thematic Partners LLC now owns 688,788 shares of the information services provider’s stock valued at $17,928,000 after buying an additional 205,419 shares during the period. Epoch Investment Partners Inc. lifted its position in shares of Criteo by 11.0% in the third quarter. Epoch Investment Partners Inc. now owns 2,150,458 shares of the information services provider’s stock worth $89,244,000 after purchasing an additional 213,124 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of Criteo by 23.9% in the third quarter. Janus Henderson Group PLC now owns 1,358,335 shares of the information services provider’s stock worth $56,364,000 after purchasing an additional 261,940 shares in the last quarter. Banque Pictet & Cie SA lifted its position in shares of Criteo by 1,302.2% in the third quarter. Banque Pictet & Cie SA now owns 84,134 shares of the information services provider’s stock worth $3,492,000 after purchasing an additional 78,134 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Criteo by 15.4% in the third quarter. Ameriprise Financial Inc. now owns 1,826,181 shares of the information services provider’s stock worth $75,771,000 after purchasing an additional 244,024 shares in the last quarter. Institutional investors own 72.78% of the company’s stock.
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.