comScore (NASDAQ:SCOR) Posts Quarterly Earnings Results, Misses Expectations By $3.83 EPS

Key Points

• comScore reported quarterly EPS of ($4.26), missing analyst expectations of ($0.43) by $3.83. Revenue was $76.16 million, above the $72.54 million consensus estimate.
• The stock rose 0.3% to $3.39 after the results. Analysts’ overall rating remains Hold, with one Buy, one Hold, and one Sell rating.
• Company insiders purchased 67,000 shares worth about $348,468 over the past three months, including purchases by the CEO and a director.

comScore (NASDAQ:SCOR - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($4.26) EPS for the quarter, missing the consensus estimate of ($0.43) by ($3.83), FiscalAI reports. comScore had a net margin of 24.01% and a return on equity of 133.03%. The business had revenue of $76.16 million during the quarter, compared to analysts' expectations of $72.54 million.

comScore Stock Up 0.3%

comScore stock traded up $0.01 during trading on Tuesday, reaching $3.39. The stock had a trading volume of 21,805 shares, compared to its average volume of 30,619. comScore has a 52-week low of $3.05 and a 52-week high of $9.34. The business has a 50 day moving average price of $4.39 and a 200 day moving average price of $6.58. The stock has a market cap of $51.47 million, a PE ratio of 0.83 and a beta of 1.12.

Wall Street Analysts Forecast Growth

SCOR has been the subject of several research reports. Zacks Research upgraded shares of comScore to a "hold" rating in a research note on Monday, October 5th. Wall Street Zen upgraded comScore to a "hold" rating in a research note on Saturday, October 24th. Finally, Weiss Ratings cut comScore from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Monday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, comScore presently has a consensus rating of "Hold".

Insider Buying and Selling at comScore

In other news, CEO Matthew Mclaughlin acquired 16,633 shares of comScore stock in a transaction dated Friday, September 4th. The shares were acquired at an average cost of $5.06 per share, for a total transaction of $84,162.98. Following the acquisition, the chief executive officer owned 182,372 shares of the company's stock, valued at $922,802.32. This trade represents a 10.04% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David Kline acquired 7,000 shares of the firm's stock in a transaction dated Thursday, August 20th. The shares were purchased at an average cost of $5.29 per share, with a total value of $37,030.00. Following the completion of the transaction, the director owned 7,000 shares in the company, valued at approximately $37,030. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 67,000 shares of company stock valued at $348,468. Insiders own 3.10% of the company's stock.

comScore Company Profile

comScore, Inc NASDAQ: SCOR is a media measurement and analytics company that provides data and insights on audiences, content and advertising. Its services help media owners, advertisers, agencies and technology companies understand how consumers engage with television, digital media, streaming services and other platforms.

The company's offerings include audience measurement, campaign measurement, content performance analytics and advertising intelligence. comScore combines data from consumer panels, connected devices, digital properties and other sources to evaluate reach, viewing behavior, audience composition and advertising effectiveness across multiple screens and media channels.

comScore serves clients in the United States and international markets.

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