What To Expect From Ziff Davis’s (ZD) Q1 Earnings
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Ziff Davis is set to report its Q1 earnings this Thursday, following a disappointing previous quarter where it missed revenue expectations with $406.7 million, down 1.5% year-on-year. Analysts predict a further decline of 12.6% this quarter. Despite past misses, analysts have maintained their estimates, indicating stability. In the media sector, peers like Stride and Sinclair have shown positive results, contributing to an overall 11% rise in share prices in the segment. Ziff Davis shares are currently at $45.80, with an average analyst price target of $45.57.
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