DoubleVerify Holdings, Inc. (NYSE:DV ) Q4 2024 Results Conference Call February 27, 2025 4:30 PM ET Company Participants Tejal Engman - Senior Vice President, Investor Relations Mark Zagorski - CEO Nicola Allais - CFO Conference Call Participants Matt Swanson - RBC Eric Sheridan - Goldman Sachs Youssef Squali - Truist Securities Maria Ripps - Canaccord Genuity Andrew Boone - Citizens Brian Pitz - BMO Capital Markets Laura Martin - Needham & Company Arjun Bhatia - William Blair & Company Andrew Marok - Raymond James Frank Joseph Surace - Barclays Arti Vula - JPMorgan Alec Brondolo - Wells Fargo Omar Dessouky - Bank of America Operator Greetings, and welcome to the DoubleVerify Fourth Quarter and Full Year 2024 Earnings Call. [Operator Instructions].
Although the revenue and EPS for DoubleVerify (DV) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
DoubleVerify Holdings (DV) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.19 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for DoubleVerify (DV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
DoubleVerify (DV) possesses solid growth attributes, which could help it handily outperform the market.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
DoubleVerify (DV) is well positioned to outperform the market, as it exhibits above-average growth in financials.
DoubleVerify (DV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Barclays analyst Raimo Lenschow raised the firm's price target on DoubleVerify to $27 from $23 and keeps an Overweight rating on the shares. With software "back in favor again," valuation levels have now caught up to historical averages, the analyst tells investors in a research note. However, the firm says there could be further upside as estimates have not moved higher yet and as base valuations shift out another year to 2026.
DoubleVerify (DV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
DoubleVerify (DV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DoubleVerify Holdings, Inc. ("DoubleVerify Holdings, Inc.") (NYSE:DV) concerning possible violations of federal securities laws. DoubleVerify reported its quarterly financial results on May 7, 2024, including a reduction in its full-year revenue guidance.