TaskUs (TASK) to Release Earnings on Tuesday

TaskUs (NASDAQ:TASK - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect TaskUs to post earnings of $0.32 per share and revenue of $271.06 million for the quarter. TaskUs has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

TaskUs (NASDAQ:TASK - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.12). TaskUs had a return on equity of 17.73% and a net margin of 5.58%. The business had revenue of $274.24 million for the quarter, compared to the consensus estimate of $268.65 million. On average, analysts expect TaskUs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TaskUs Price Performance

TASK traded down $0.49 during trading on Friday, hitting $13.51. The company's stock had a trading volume of 246,079 shares, compared to its average volume of 269,317. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 22.90, a price-to-earnings-growth ratio of 3.92 and a beta of 2.17. The firm's 50 day moving average price is $13.33 and its two-hundred day moving average price is $14.67. TaskUs has a 12 month low of $10.57 and a 12 month high of $19.60.

Insider Activity

In related news, insider Jarrod Johnson sold 21,437 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $13.60, for a total value of $291,543.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 30.63% of the company's stock.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lifted their price target on TaskUs from $18.00 to $20.00 and gave the company a "sector perform" rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $17.86.

About TaskUs

TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.