LegalZoom's stock rose 5% post-earnings due to growth in its subscription business, despite a 70% drop from its 2021 IPO highs. The company offers affordable legal services and ongoing support through subscriptions, aiming for stable, predictable revenue growth above 5% CAGR. Valued at 13x forward free cash flow, LegalZoom is debt-free with improving margins and a clear path to $120 million in free cash flow by late 2025.
While the top- and bottom-line numbers for LegalZoom (LZ) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
LegalZoom (LZ) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.13 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for LegalZoom (LZ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
MOUNTAIN VIEW, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, today announced that Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will participate in the following upcoming investor conferences:
Announces preliminary Q4 and full year 2024 financial results at high end of outlook range Formation Nation's best-in-class customer service combined with LegalZoom's leading technology platform will deliver increased value to small business customers MOUNTAIN VIEW, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq:LZ), a leading online platform for legal services, is pleased to announce it has acquired Formation Nation, a small business services company.
LegalZoom (LZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
LegalZoom (LZ) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.
LegalZoom (LZ) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
LegalZoom.com Inc LZ could benefit from the positive inflection in business formations in November and December 2024, according to JPMorgan.