Sportradar Group AG expected to post earnings of 5 cents a share - Earnings Preview

Sportradar AG

13/05/2024 13:59

* Sportradar Group AG  SRAD.OQ   SRAD.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 15 for
the period ending March 31 2024
    * The Sankt Gallen St. Gallen-based  company is expected to
report
a 19.0% increase in revenue to €246.992 million from €207.56
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sportradar Group AG is
for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"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 Sportradar
Group
AG is $14.50​, above​ its last closing price of $9.26. ​​​

Previous quarterly performance (using preferred earnings measure
in euros). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.02        0.04       0.08      Beat    93.8
 Sep. 30 2023  0.05        0.05       0.05      Met     -1.6
 Jun. 30 2023  0.03        0.04       0.00      Missed  -100​
 Mar. 31 2023  0.04        0.04       0.02      Missed  -51.5
 ​​Dec.        0.03        0.04       -0.11     Missed  -403.4
 31 2022                                                
 Sep. 30 2022  0.03        0.03       0.04      Beat    36.6​
 Jan. 1 0001   0.04        0.03       0.07      Beat    113.1
 Mar. 31 2022  0.03        0.03       0.04      Beat    32.4
 This summary was machine generated May 13 at 12:59 GMT.  All
figures in euros 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)