Earnings Outlook For LegalZoom.com

LegalZoom.com (NASDAQ:LZ) is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect LegalZoom.com to report an earnings per share (EPS) of $0.15.

Anticipation surrounds LegalZoom.com's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

Last quarter the company beat EPS by $0.01, which was followed by a 1.52% drop in the share price the next day.

Here's a look at LegalZoom.com's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.09

0.10

0.10

0.09

EPS Actual

0.10

0.09

0.13

0.12

Price Change %

-2.0%

-24.0%

14.000000000000002%

6.0%

LegalZoom.com Share Price Analysis

Shares of LegalZoom.com were trading at $7.15 as of November 04. Over the last 52-week period, shares are down 33.7%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analyst Insights on LegalZoom.com

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding LegalZoom.com.

Analysts have provided LegalZoom.com with 1 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $8.0, suggesting a potential 11.89% upside.

Comparing Ratings with Peers

In this analysis, ...