Online legal service provider LegalZoom (NASDAQ: LZ) will be reporting results this Wednesday afternoon. Here’s what to look for.

LegalZoom beat analysts’ revenue expectations by 5.4% last quarter, reporting revenues of $192.5 million, up 8.5% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ revenue estimates and revenue guidance for next quarter beating analysts’ expectations. It reported 1.96 million users, up 21.5% year on year.

Is LegalZoom a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting LegalZoom’s revenue to grow 8.6% year on year to $183 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. LegalZoom has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.3% on average.

Looking at LegalZoom’s peers in the online marketplace segment, some have already reported their Q3 results, giving us a hint as to what we can expect. EverQuote delivered year-on-year revenue growth of 20.3%, beating analysts’ expectations by 4.3%, and Etsy reported revenues up 2.4%, topping estimates by 3.3%. Etsy traded down 17.2% following the results.

Read our full analysis of EverQuote’s results here and Etsy’s results here.

The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the online marketplace stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.2% on average over the last month. LegalZoom is up 3.2% during the same time and is heading into earnings with an average analyst price target of $11.64 (compared to the current share price of $10.40).

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