TaskUs (TASK) Projected to Post Quarterly Earnings on Tuesday

TaskUs (NASDAQ:TASK) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect TaskUs to post earnings of $0.32 per share and revenue of $271.06 million for the quarter. TaskUs has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

TaskUs (NASDAQ:TASK) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.12). The business had revenue of $274.24 million for the quarter, compared to analysts’ expectations of $268.65 million. TaskUs had a net margin of 5.58% and a return on equity of 17.73%. On average, analysts expect TaskUs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TaskUs Stock Down 3.5 %

TaskUs stock opened at $13.51 on Friday. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.50. The firm has a market cap of $1.22 billion, a P/E ratio of 22.90, a P/E/G ratio of 3.92 and a beta of 2.17. The business has a fifty day moving average of $13.33 and a two-hundred day moving average of $14.66. TaskUs has a twelve month low of $10.57 and a twelve month high of $19.60.

Insider Activity

In related news, insider Jarrod Johnson sold 15,460 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $13.25, for a total transaction of $204,845.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 30.63% of the company’s stock.

Analyst Ratings Changes

Separately, Royal Bank of Canada upped their price objective on TaskUs from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, TaskUs has a consensus rating of “Hold” and a consensus price target of $17.86.

About TaskUs

TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.