Shutterstock Inc expected to post earnings of $1.00 a share - Earnings Preview
02/08/2024 16:51
* Shutterstock Inc SSTK.N SSTK.K is expected to show a
rise in
quarterly revenue when it reports results on August 6 for the
period ending June 30 2024
* The New York City-based company is expected to report a
2.2% increase in revenue to $213.48 million from $208.84 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Shutterstock Inc is for
earnings of $1.00 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "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
Shutterstock Inc
is $64.00, above its last closing price of $40.54.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.99 0.99 1.13 Beat 13.8
Dec. 31 2024 0.67 0.67 0.72 Beat 6.9
Jan. 1 0001 0.80 0.81 1.26 Beat 55.6
Jun. 30 2023 1.03 1.02 1.07 Beat 4.9
Mar. 1.08 1.07 1.29 Beat 20.2
31 2023
Dec. 31 2022 0.95 0.95 1.05 Beat 10.8
Sep. 30 2022 0.89 0.90 1.00 Beat 11.7
Jan. 1 0001 0.93 0.93 0.83 Missed -10.8
This summary was machine generated August 2 at 15:51 GMT. 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)