Eventbrite Inc expected to post a loss of 11 cents a share - Earnings Preview

Eventbrite

31/10/2023 02:02

* Eventbrite Inc  EB.N   EB  is expected to show a rise in
quarterly revenue when it reports  results on November 1. 
    * The San Francisco California-based  company is expected to
report  a 20.2% increase in revenue to $81.117 million from
$67.47 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
August 3 2023, for the period ended September 30, was for
revenue between $79.00 million and $82.00 million.
    * ​Refinitiv's mean analyst estimate for Eventbrite Inc is
for a
loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eventbrite
Inc is
$13​, above​ its last closing price of $8.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.13       -0.13      -0.03     Beat    77.4
 Mar. 31 2023  -0.15       -0.14      -0.13     Beat    10.3
 Dec. 31 2022  -0.15       -0.14      0.04      Beat    127.8​
 Sep. 30 2022  -0.16       -0.16      -0.21     Missed  -34.6
 ​​Jun.        -0.13       -0.13      -0.20     Missed  -56.2
 30 2022                                                
 Mar. 31 2022  -0.24       -0.23      -0.19     Beat    19.1​
 Dec. 31 2021  -0.12       -0.13      -0.18     Missed  -41.2
 Sep. 30 2021  -0.16       -0.18      -0.18     Met     0
 This summary was machine generated October 31 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated