For the quarter ended June 2023, GoDaddy (GDDY) reported revenue of $1.05 billion, up 3.2% over the same period last year. EPS came in at $0.63, compared to $0.56 in the year-ago quarter.
The reported revenue represents a surprise of -0.55% over the Zacks Consensus Estimate of $1.05 billion. With the consensus EPS estimate being $0.55, the EPS surprise was +14.55%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company’s financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock’s price performance more accurately.
Here is how GoDaddy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total bookings: $1.14 billion compared to the $1.15 billion average estimate based on four analysts.
- Total customers at period end: 20.99 million versus the two-analyst average estimate of 21.05 million.
- Revenue- Applications & commerce: $351.70 million versus the seven-analyst average estimate of $345.41 million.
- Revenue- Core platform: $696.40 million versus $708.49 million estimated by seven analysts on average.
- Segment EBITDA- Core Platform: $191 million compared to the $195.97 million average estimate based on two analysts.
- Segment EBITDA- Applications & Commerce: $142.70 million versus the two-analyst average estimate of $138.08 million.
View all Key Company Metrics for GoDaddy here>>>
Shares of GoDaddy have returned +0.2% over the past month versus the Zacks S&P 500 composite’s +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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