Eventbrite Inc reports results for the quarter ended in December - Earnings Summary

Eventbrite

28/02/2024 03:34

* Eventbrite Inc  EB.N  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 4
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 5 cents per share. Wall Street expected
results to range from -8 cents to -1 cents per share.
    * Revenue rose 22.7% to $87.76 million from a year ago;
analysts
expected $88.52 million. 
    * Eventbrite Inc's reported EPS for the quarter was a loss
of 1
cent​.
    * The company reported a quarterly loss of $937 thousand.
    * Eventbrite Inc shares had fallen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Eventbrite Inc is
$12.00 
This summary was machine generated from LSEG data February 28 at
03:34 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.05          -0.01          Beat
 Sep. 30 2023      -0.11          -0.10          Beat
 Jun. 30 2023      -0.13          -0.03          Beat
 Mar. 31 2023      -0.14          -0.13          Beat