Shutterstock Inc expected to post earnings of $1.02 a share - Earnings Preview

Shutterstock

28/07/2023 16:34

* Shutterstock Inc  SSTK.N   SSTK.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 1. 
    * The New York City-based  company is expected to report  a
3.6% increase in revenue to $214.367 million from $206.87
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shutterstock Inc is
for
earnings of $1.02 per share. 
    * 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."  
    * 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 $88​, above​ its last closing price of $50.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.08        1.07       1.29      Beat    20.2
 Dec. 31 2023  0.95        0.95       1.05      Beat    10.8
 Sep. 30 2022  0.89        0.90       1.00      Beat    11.7​
 Jun. 30 2022  0.93        0.93       0.83      Missed  -10.8
 ​​Mar.        0.86        0.86       1.00      Beat    15.8
 31 2022                                                
 Dec. 31 2021  0.48        0.48       0.77      Beat    59.3​
 Sep. 30 2021  0.59        0.58       0.70      Beat    21.2
 Jun. 30 2021  0.71        0.70       1.02      Beat    45.2
 This summary was machine generated July 28 at 15:34 GMT.  All
figures in US dollars  unless otherwise stated