Criteo (NASDAQ:CRTO) Posts Earnings Results, Beats Expectations By $0.33 EPS

Criteo (NASDAQ:CRTO - Get Free Report) issued its quarterly earnings data on Friday. The information services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.33, RTT News reports. The company had revenue of $451.43 million for the quarter, compared to analysts' expectations of $259.86 million. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Criteo's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 earnings per share. Criteo updated its Q2 2025 guidance to EPS.

Criteo Price Performance

Shares of NASDAQ CRTO traded down $0.45 during trading on Tuesday, hitting $27.71. The stock had a trading volume of 428,170 shares, compared to its average volume of 436,967. The firm has a fifty day moving average of $33.43 and a two-hundred day moving average of $37.71. Criteo has a 12 month low of $26.67 and a 12 month high of $49.93. The company has a market capitalization of $1.60 billion, a PE ratio of 16.49 and a beta of 0.63.

Insider Buying and Selling

In other news, CEO Megan Clarken sold 13,823 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $43.56, for a total value of $602,129.88. Following the completion of the transaction, the chief executive officer now directly owns 488,229 shares in the company, valued at approximately $21,267,255.24. This trade represents a 2.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian Gleason sold 2,841 shares of Criteo stock in a transaction on Monday, April 28th. The shares were sold at an average price of $33.89, for a total value of $96,281.49. Following the sale, the insider now directly owns 157,450 shares of the company's stock, valued at $5,335,980.50. This represents a 1.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 24,145 shares of company stock worth $1,031,391. 1.71% of the stock is owned by insiders.

Analysts Set New Price Targets

CRTO has been the topic of a number of recent analyst reports. Citigroup reaffirmed an "underperform" rating on shares of Criteo in a research note on Friday, April 25th. Morgan Stanley dropped their price target on shares of Criteo from $40.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Monday. Benchmark reiterated a "buy" rating and set a $51.00 price objective on shares of Criteo in a research report on Tuesday, February 4th. BMO Capital Markets cut their price target on shares of Criteo from $60.00 to $49.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Susquehanna lowered their price objective on Criteo from $50.00 to $38.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $46.70.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.