Yext (NYSE:YEXT) Announces Earnings Results, Beats Expectations By $0.02 EPS

Yext (NYSE:YEXTGet Free Report) released its quarterly earnings data on Wednesday. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02, Briefing.com reports. Yext had a negative net margin of 1.68% and a negative return on equity of 3.44%. The business had revenue of $97.90 million during the quarter, compared to analyst estimates of $98.15 million. During the same quarter last year, the business earned ($0.03) earnings per share. Yext’s quarterly revenue was down 4.6% compared to the same quarter last year. Yext updated its FY 2025 guidance to 0.350-0.360 EPS and its Q3 2025 guidance to 0.110-0.120 EPS.

Yext Price Performance

Shares of NYSE YEXT opened at $5.57 on Friday. Yext has a 1 year low of $4.29 and a 1 year high of $9.35. The firm has a 50-day simple moving average of $5.22 and a two-hundred day simple moving average of $5.44.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Needham & Company LLC raised shares of Yext from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a report on Thursday. DA Davidson lifted their target price on Yext from $5.50 to $5.75 and gave the stock a “neutral” rating in a report on Thursday. Finally, Roth Mkm reissued a “buy” rating and set a $7.50 target price (down previously from $8.00) on shares of Yext in a research report on Thursday.

Read Our Latest Research Report on Yext

Insider Activity

In related news, General Counsel Ho Shin sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $5.04, for a total transaction of $176,400.00. Following the completion of the sale, the general counsel now directly owns 125,207 shares of the company’s stock, valued at approximately $631,043.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 8.40% of the company’s stock.

Yext Company Profile

(Get Free Report)

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.

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Earnings History for Yext (NYSE:YEXT)

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