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

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

Yext Trading Up 13.1 %

YEXT opened at $5.57 on Friday. Yext has a one year low of $4.29 and a one year high of $9.35. The business’s 50-day simple moving average is $5.22 and its 200-day simple moving average is $5.44.

Analyst Ratings Changes

Several brokerages have issued reports on YEXT. DA Davidson raised their price objective on Yext from $5.50 to $5.75 and gave the stock a “neutral” rating in a report on Thursday. Needham & Company LLC upgraded Yext from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Thursday. Finally, Roth Mkm reiterated 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.

Insider Activity at Yext

In related news, General Counsel Ho Shin sold 35,000 shares of the business’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $5.04, for a total value of $176,400.00. Following the transaction, the general counsel now owns 125,207 shares in the company, valued at approximately $631,043.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.40% of the stock is currently owned by insiders.

Yext Company Profile

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.