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

Eventbrite

03/08/2023 22:02

* Eventbrite Inc  EB.N  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 19.5% to $78.91 million from a year ago;
analysts
expected $78.90 million. 
    * Eventbrite Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Eventbrite Inc shares had risen by 15.2% this quarter and
gained 87.7% so far this year.
    * The company reported a quarterly loss of $2.92 million.
    * Wall Street's median 12-month price target for Eventbrite
Inc is
$11.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          -0.03          Beat
 Mar. 31 2023      -0.14          -0.13          Beat
 Dec. 31 2022      -0.14          0.04           Beat
 Sep. 30 2022      -0.16          -0.21          Missed