Eventbrite Inc expected to post a loss of 14 cents a share - Earnings Preview

Eventbrite

06/02/2023 22:35

* Eventbrite Inc  EB.N   EB  is expected to show a rise in
quarterly revenue when it reports  results on February 8
(estimated). 
    * The San Francisco California-based  company is expected to
report  a 19.0% increase in revenue to $70.988 million from
$59.64 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $69.00 million and $72.00 million.
    * ​Refinitiv's mean analyst estimate for Eventbrite Inc is
for a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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
$9​, above​ its last closing price of $8.77. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for gross profit margin between USD67% and
USD69%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.16       -0.16      -0.21     Missed  -34.6
 Jun. 30 2022  -0.13       -0.13      -0.20     Missed  -56.2
 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.        -0.16       -0.18      -0.18     Met     0
 30 2021                                                
 Jun. 30 2021  -0.33       -0.34      -0.22     Beat    35.9​
 Mar. 31 2021  -0.37       -0.37      -0.38     Missed  -3.6
 Dec. 31 2020  -0.22       -0.24      -0.21     Beat    13.7
 This summary was machine generated February 6 at 22:35 GMT.  All
figures in US dollars  unless otherwise stated