Shutterstock Inc expected to post earnings of 67 cents a share - Earnings Preview
05/02/2024 14:40
* Shutterstock Inc SSTK.N SSTK.K is expected to show a
rise in
quarterly revenue when it reports results on February 7
(estimated) for the period ending December 31 2023
* The New York City-based company is expected to report a
2.9% increase in revenue to $224.003 million from $217.73
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 67 cents 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 $60.00, above its last closing price of $47.67.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.80 0.81 1.26 Beat 55.6
Jun. 30 2023 1.03 1.02 1.07 Beat 4.9
Mar. 31 2023 1.08 1.07 1.29 Beat 20.2
Dec. 31 2022 0.95 0.95 1.05 Beat 10.8
Sep. 0.89 0.90 1.00 Beat 11.7
30 2022
Jun. 30 2022 0.93 0.93 0.83 Missed -10.8
Mar. 31 2022 0.86 0.86 1.00 Beat 15.8
Dec. 31 2021 0.48 0.48 0.77 Beat 59.3
This summary was machine generated February 5 at 14:40 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)