Thryv (THRY) to Release Quarterly Earnings on Wednesday

Thryv (NASDAQ:THRY - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $203.87 million for the quarter. Thryv has set its Q2 2025 guidance at EPS and its FY 2025 guidance at EPS.

Thryv (NASDAQ:THRY - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.46). The business had revenue of $181.37 million for the quarter, compared to the consensus estimate of $173.83 million. Thryv had a negative return on equity of 51.25% and a negative net margin of 11.94%. The firm's revenue for the quarter was down 22.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.22 earnings per share. On average, analysts expect Thryv to post $-2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Thryv Price Performance

Shares of Thryv stock traded up $0.14 during midday trading on Friday, hitting $11.90. 462,794 shares of the company traded hands, compared to its average volume of 491,491. The stock has a market cap of $520.51 million, a price-to-earnings ratio of -4.70 and a beta of 0.94. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.07 and a current ratio of 1.07. The firm's fifty day moving average price is $12.88 and its 200-day moving average price is $14.38. Thryv has a 12 month low of $10.02 and a 12 month high of $20.92.

Insider Activity

In related news, CEO Joe Walsh bought 5,000 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were bought at an average price of $13.40 per share, for a total transaction of $67,000.00. Following the transaction, the chief executive officer directly owned 586,043 shares of the company's stock, valued at approximately $7,852,976.20. The trade was a 0.86% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.88% of the stock is owned by insiders.

Hedge Funds Weigh In On Thryv

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Thryv by 6.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,514 shares of the company's stock worth $288,000 after purchasing an additional 1,351 shares in the last quarter. AQR Capital Management LLC raised its holdings in Thryv by 11.0% during the first quarter. AQR Capital Management LLC now owns 69,842 shares of the company's stock worth $895,000 after buying an additional 6,917 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Thryv by 46.4% during the first quarter. Goldman Sachs Group Inc. now owns 376,141 shares of the company's stock worth $4,818,000 after buying an additional 119,167 shares during the last quarter. Institutional investors own 96.38% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on THRY. B. Riley cut their target price on shares of Thryv from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Royal Bank Of Canada decreased their price objective on Thryv from $17.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. Finally, Needham & Company LLC decreased their price objective on Thryv from $28.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Thryv currently has a consensus rating of "Moderate Buy" and an average price target of $21.40.

About Thryv

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.