From Nasdaq:

Taboola.com (TBLA) is set to report fourth-quarter 2023 results on Feb 28, with expected revenues between $418 million to $449 million. Analysts estimate revenues to be $436.65 million, a 17.61% increase from the previous year. Earnings are expected to be 2 cents per share, unchanged in the past 30 days.

Taboola has a strong track record of beating earnings estimates, with an average surprise of 73.14%. The company’s robust platform, partnerships with Microsoft and Yahoo, and focus on the e-commerce sector are expected to drive fourth-quarter results.

Despite strong performance in Europe and the U.S., potential economic and operational impacts from the Israeli conflict may negatively affect Taboola’s results in the fourth quarter. The company’s ongoing partnership with Microsoft and integration with Yahoo are expected to contribute to revenue growth.

The Zacks model suggests that companies with a positive Earnings ESP and a Zacks Rank of #1, #2, or #3 have higher chances of beating earnings estimates. With an Earnings ESP of 0.00% and a Zacks Rank #3, Taboola may face challenges in surpassing estimates for the fourth quarter.

Other companies like The Gap (GPS) and SEMrush (SEMR) have favorable Earnings ESP and Zacks Rank, making them potential choices for investment ahead of their earnings releases. Stay updated on upcoming earnings announcements with the Zacks Earnings Calendar.



Read more: Taboola.com (TBLA) to Report Q4 Earnings: What to Expect