Litchfield Hills Research Forecasts PodcastOne Q1 Earnings

PodcastOne, Inc. (NASDAQ:PODC) – Investment analysts at Litchfield Hills Research issued their Q1 2028 earnings per share estimates for PodcastOne in a research note issued on Wednesday, June 24th. Litchfield Hills Research analyst B. Sine anticipates that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for PodcastOne’s current full-year earnings is $0.02 per share. Litchfield Hills Research also issued estimates for PodcastOne’s Q2 2028 earnings at $0.03 EPS, Q3 2028 earnings at $0.04 EPS and Q4 2028 earnings at $0.04 EPS.

PodcastOne (NASDAQ:PODC) last released its quarterly earnings data on Wednesday, June 24th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business had revenue of $15.67 million for the quarter, compared to analyst estimates of $15.15 million. PodcastOne had a negative return on equity of 17.55% and a negative net margin of 4.29%.

A number of other analysts also recently issued reports on the stock. Wall Street Zen raised shares of PodcastOne to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PodcastOne in a report on Wednesday. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

PodcastOne Price Performance

NASDAQ:PODC opened at $3.90 on Friday. The firm has a market cap of $107.21 million, a price-to-earnings ratio of -35.45 and a beta of 1.98. The company has a 50 day moving average price of $3.82 and a 200-day moving average price of $2.92. PodcastOne has a 1-year low of $1.30 and a 1-year high of $5.20.

Insider Transactions at PodcastOne

In other PodcastOne news, Director D Jonathan Merriman purchased 7,000 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $4.38 per share, for a total transaction of $30,660.00. Following the completion of the transaction, the director owned 309,732 shares of the company’s stock, valued at $1,356,626.16. This trade represents a 2.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders purchased a total of 21,700 shares of company stock worth $62,262 in the last quarter. Corporate insiders own 79.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning purchased a new position in shares of PodcastOne during the 2nd quarter valued at approximately $49,000. Citadel Advisors LLC increased its holdings in PodcastOne by 267.5% in the 3rd quarter. Citadel Advisors LLC now owns 41,958 shares of the company’s stock worth $70,000 after acquiring an additional 30,541 shares in the last quarter. NewEdge Advisors LLC acquired a new position in PodcastOne during the fourth quarter worth $81,000. Finally, Dimensional Fund Advisors LP acquired a new position in PodcastOne during the first quarter worth $30,000. Hedge funds and other institutional investors own 2.87% of the company’s stock.

PodcastOne Company Profile

PodcastOne is a leading digital audio network specializing in the development, production and distribution of original podcast programming. The company offers a diverse slate of exclusive shows spanning genres such as entertainment, sports, business, politics and lifestyle. Its content lineup features long-form interviews, narrative series and personality-driven talk formats designed to engage listeners across North America and beyond.

The company’s revenue model centers on advertising and branded content solutions.