Company Performance - Thryv Holdings, Inc. reported a quarterly loss of 0.24, marking an earnings surprise of -191.67% [1] - The company posted revenues of 233.62 million year-over-year [2] - Over the last four quarters, Thryv has surpassed consensus EPS estimates only once, while it has topped consensus revenue estimates three times [2] Stock Outlook - Thryv shares have declined approximately 7.4% since the beginning of the year, underperforming the S&P 500, which has seen a decline of -5.3% [3] - The current consensus EPS estimate for the upcoming quarter is 204.11 million, and for the current fiscal year, it is 776.08 million [7] Industry Context - The Internet - Software industry, to which Thryv belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Thryv's stock performance [5]
Thryv Holdings, Inc. (THRY) Reports Q1 Loss, Tops Revenue Estimates