Shutterstock Inc expected to post earnings of 81  cents a share - Earnings Preview

Shutterstock

27/10/2023 19:35

* Shutterstock Inc  SSTK.N   SSTK.K  is expected to show a
rise in
quarterly revenue when it reports  results on October 31. 
    * The New York City-based  company is expected to report  a
5.1% increase in revenue to $214.473 million from $204.1 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shutterstock Inc is
for
earnings of 81 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 $76​, above​ its last closing price of $34.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.89        0.90       1.00      Beat    11.7
 ​​Jun.        0.93        0.93       0.83      Missed  -10.8
 30 2022                                                
 Mar. 31 2022  0.86        0.86       1.00      Beat    15.8​
 Dec. 31 2021  0.48        0.48       0.77      Beat    59.3
 Sep. 30 2021  0.59        0.58       0.70      Beat    21.2
 This summary was machine generated October 27 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated