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

Sportradar AG

10/05/2023 14:31

* Sportradar Group AG  SRAD.OQ  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue rose 23.6% to €207.56 million from a year ago;
analysts
expected €208.21 million. 
    * Sportradar Group AG's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sportradar Group AG shares had risen by 12.2% this
quarter and
gained 31.0% so far this year.
    * The company reported quarterly net income of €6.82
million.
    * Wall Street's median 12-month price target for Sportradar
Group
AG is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in euros unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.04           0.02           Missed
 Dec. 31 2022      0.04           -0.11          Missed
 Sep. 30 2022      0.03           0.04           Beat
 Jun. 30 2022      0.03           0.07           Beat