Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Criteo SA (CRTO)
NASDAQ:CRTO
Holding CRTO?
Track your performance easily
Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.37Last Year’s EPS
$1.52Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: 1.76%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
Criteo demonstrated strong growth in Retail Media and Performance Media segments, driven by AI enhancements and new partnerships, despite challenges in AdTech services and macroeconomic uncertainties.Company Guidance
In the third quarter 2024 earnings call for Criteo (CRTO), several key metrics and guidance updates were highlighted. Revenue reached $459 million, with contribution ex-TAC at $266 million, marking a 9% year-over-year increase at constant currency. The Retail Media segment saw a 23% growth in contribution ex-TAC, driven by a 29% increase in activated media spend, while Performance Media grew by 5%. Criteo expects contribution ex-TAC to grow 10% to 11% year-over-year for 2024, with adjusted EBITDA margin projected to be between 32% and 33%. For Q4, contribution ex-TAC is anticipated to be between $327 million and $333 million, representing a 3% to 5% growth at constant currency. The company also highlighted its plan to repurchase approximately $180 million in shares for 2024, reflecting confidence in its long-term growth strategy.Strong Retail Media Growth
Retail Media segment grew 23% at constant currency with a 29% increase in activated media spend. The number of global retail brands increased to 3,100.
Performance Media Momentum
Performance Media saw a 5% growth at constant currency, driven by a 30% increase in Commerce Audiences and a third consecutive quarter of growth in retargeting.
AI-Driven Enhancements
AI-driven performance enhancements resulted in a contribution ex-TAC uplift in the double-digit million range, indicating effective integration of AI in operations.
Financial Performance
Adjusted EBITDA increased by 20% year-over-year to $82 million, with a strong margin of 31%.
New Retail Partnerships
Secured significant new retail partnerships, including JCPenney, Office Depot, Metro AG, and others, expanding Criteo's presence in various categories.
Share Buyback Program
Repurchased $157 million of stock in the first 9 months of 2024, with plans to repurchase about $180 million in total for the year.
---
CRTO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CRTO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $42.66 | $33.59 | -21.26% |
| Aug 01, 2024 | $44.54 | $46.96 | +5.43% |
| May 02, 2024 | $35.15 | $37.15 | +5.69% |
| Feb 07, 2024 | $26.18 | $30.83 | +17.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Criteo SA (CRTO) report earnings?
Criteo SA (CRTO) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Criteo SA (CRTO) earnings time?
Criteo SA (CRTO) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRTO EPS forecast?
CRTO EPS forecast for the fiscal quarter 2024 (Q4) is $1.37.
---