Eventbrite Inc expected to post a loss of 13 cents a share - Earnings Preview

Eventbrite

06/11/2024 04:37

* Eventbrite Inc  EB.N   EB  is expected to show a fall in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The San Francisco California-based  company is expected to
report a 7.0% decrease in revenue to $75.833 million from $81.54
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on August 8
2024, for the period ended September 30, was for revenue between
$74.00 million and $77.00 million.
    * ​LSEG's mean analyst estimate for Eventbrite Inc is for a
loss
of 13 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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
4.75​, above​ its last closing price of $3.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.06       -0.05      0.01      Beat    118.9
 Jan. 1 2024   -0.04       -0.04      -0.05     Missed  -38.1
 Dec. 31 2023  -0.05       -0.05      -0.01     Beat    78.9​
 Sep. 30 2023  -0.10       -0.11      -0.10     Beat    9.1
 ​​Jun.        -0.13       -0.13      -0.03     Beat    77.4
 30 2023                                                
 Mar. 31 2023  -0.15       -0.14      -0.13     Beat    10.3​
 Dec. 31 2022  -0.15       -0.14      0.04      Beat    127.8
 Jan. 1 0001   -0.16       -0.16      -0.21     Missed  -34.6
 This summary was machine generated November 6 at 04:37 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)