Sportradar Group AG reports results for the quarter ended in June - Earnings Summary

Sportradar AG

13/08/2024 14:31

* Sportradar Group AG  SRAD.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in June, identical to
the same quarter last year.  The mean expectation of
eleven analysts for the quarter was for earnings of 4 cents per
share. Wall Street expected results to range from zero cents
to 9 cents per share.
    * Revenue rose 28.6% to $278.42 million from a year ago;
analysts
expected $264.05 million. 
    * Sportradar Group AG's reported EPS for the quarter was
breakeven
results​.
    * The company reported a quarterly loss of €1.45 million.
    * Sportradar Group AG shares had risen by 1.0% this
quarter and
gained 2.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Sportradar Group
AG is $14.50 
This summary was machine generated from LSEG data August 13 at
01:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.04           0.00           Missed
 Mar. 31 2024      0.05           0.00           Missed
 Dec. 31 2023      0.04           0.08           Beat
 Sep. 30 2023      0.05           0.05           Met