Banzai International Inc reports results for the quarter ended September 30 - Earnings Summary

Parabolic Technologies

15/11/2024 14:01

* Banzai International Inc  BNZI.OQ  reported a quarterly
adjusted
loss of $2.68​​ per share for the quarter ended September 30. 
The lone analyst forecast for the quarter was for a loss of
$4.50 per share. 
    * Revenue was $1.08 million​; analysts expected $1.20
million. 
    * Banzai International Inc shares had fallen by 61.0% this
quarter and lost 97.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10% 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Banzai
International Inc is $125.00 
This summary was machine generated from LSEG data November 15 at
02:01 p.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
 Sep. 30 2024      -4.50          -2.68          Beat
 Jun. 30 2024      -6.50          -7.50          Missed
 Mar. 31 2024      -7.50          -13.00         Missed