Thryv (THRY) Set to Announce Earnings on Thursday

Thryv (NASDAQ:THRY) will 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.Persons interested in registering for the company’s earnings conference call can do so using this link.

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

Thryv Trading Up 2.4 %

Shares of Thryv stock opened at $23.40 on Tuesday. The business’s 50 day simple moving average is $21.87 and its 200 day simple moving average is $20.19. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.01 and a quick ratio of 1.01. Thryv has a 52-week low of $15.99 and a 52-week high of $26.01.

Wall Street Analyst Weigh In

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

Insider Activity

In other Thryv news, CEO Joe Walsh purchased 5,000 shares of the business’s stock in a transaction on Monday, February 26th. The stock was acquired at an average price of $19.01 per share, with a total value of $95,050.00. Following the acquisition, the chief executive officer now directly owns 501,172 shares of the company’s stock, valued at approximately $9,527,279.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 10.80% of the company’s stock.

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.