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DoubleVerify (NYSE:), a provider of digital media measurement and analytics, is scheduled to release earnings results after the market closes tomorrow. Here’s what to expect:

DoubleVerify met analysts’ revenue expectations last quarter, reporting revenue of $172.2 million, up 28.9% year-over-year. It was a weak quarter for the company, as revenue guidance for the coming quarter was disappointing.

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For this quarter, analysts expect DoubleVerify’s revenue to rise 12.8% year over year to $138.2 million, a slowdown from the 26.7% increase it posted in the same quarter last year. Adjusted earnings are expected to be $0.13 per share.

The majority of analysts covering the company have reaffirmed their estimates in the last 30 days, suggesting they expect the business to continue on its way to profitability. DoubleVerify has a history of exceeding Wall Street expectations, beating earnings estimates by an average of 3.3% each of the last two years.

Looking at DoubleVerify’s peers in the sales and marketing software sector, some of them have already reported first-quarter results, giving us a hint as to what we can expect. Sprout Social (NASDAQ:) delivered 28.7% annual revenue growth, in line with analysts’ expectations, while VeriSign (NASDAQ:) reported revenue up 5.5%, in line with consensus estimates. Sprout Social fell 40.1% and VeriSign fell 4% following the results.

Read our full analysis of Sprout Social and VeriSign’s results at StockStory.

The story for stocks, especially growth stocks where future cash flow is more important, is off to a good start in 2023. However, mixed inflation data led to more volatility in stock performance in early 2024. Marketing software stocks have fared somewhat better, with shares down an average of 3.1% over the past month. DoubleVerify is down 7.5% over the same period and is headed toward profit with an average analyst price target of $41.2 (compared to the current stock price of $30.37).