TaskUs (TASK) to Release Earnings on Tuesday

TaskUs (NASDAQ:TASK) is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce 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 earnings results on Wednesday, February 26th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.12). TaskUs had a net margin of 5.58% and a return on equity of 17.73%. The firm had revenue of $274.24 million during the quarter, compared to analysts’ expectations of $268.65 million. On average, analysts expect TaskUs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TaskUs Stock Performance

TASK opened at $14.00 on Tuesday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.50. TaskUs has a 12-month low of $10.57 and a 12-month high of $19.60. The firm has a 50 day moving average of $13.39 and a two-hundred day moving average of $14.63. The firm has a market capitalization of $1.26 billion, a PE ratio of 23.73, a P/E/G ratio of 3.92 and a beta of 2.17.

Insider Buying and Selling

In other TaskUs news, insider Jarrod Johnson sold 21,437 shares of the company’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $13.60, for a total value of $291,543.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 30.63% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada increased their price target on TaskUs from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.86.

TaskUs Company Profile

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.