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

Eventbrite

06/05/2023 03:11

* Eventbrite Inc  EB.N   EB  is expected to show a rise in
quarterly revenue when it reports  results on May 9. 
    * The San Francisco California-based  company is expected to
report  a 32.9% increase in revenue to $74.249 million from
$55.88 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
February 28 2023, for the period ended March 31, was for revenue
between $73.00 million and $76.00 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
$10​, above​ its last closing price of $6.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.13       -0.13      -0.20     Missed  -56.2​
 Mar. 31 2022  -0.24       -0.23      -0.19     Beat    19.1
 ​​Dec.        -0.12       -0.13      -0.18     Missed  -41.2
 31 2021                                                
 Sep. 30 2021  -0.16       -0.18      -0.18     Met     0​
 Jun. 30 2021  -0.33       -0.34      -0.22     Beat    35.9
 Mar. 31 2021  -0.37       -0.37      -0.38     Missed  -3.6
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated