Shutterstock Inc expected to post earnings of 99 cents a share - Earnings Preview
30/04/2024 18:35
* Shutterstock Inc SSTK.N SSTK.K is expected to show a
fall in
quarterly revenue when it reports results on May 2 for the
period ending March 31 2024
* The New York City-based company is expected to report a
3.1% decrease in revenue to $208.518 million from $215.28
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 99 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 $42.93.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.67 0.67 0.72 Beat 6.9
Sep. 30 2023 0.80 0.81 1.26 Beat 55.6
Jan. 1 0001 1.03 1.02 1.07 Beat 4.9
Mar. 31 2023 1.08 1.07 1.29 Beat 20.2
Dec. 0.95 0.95 1.05 Beat 10.8
31 2022
Sep. 30 2022 0.89 0.90 1.00 Beat 11.7
Jan. 1 0001 0.93 0.93 0.83 Missed -10.8
Mar. 31 2022 0.86 0.86 1.00 Beat 15.8
This summary was machine generated April 30 at 17:35 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)