Vivid Seats Inc expected to post earnings of 2 cents a share - Earnings Preview

Vivid Seats

06/11/2024 14:32

* Vivid Seats Inc  SEAT.OQ   SEAT.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Chicago Illinois-based  company is expected to report
a
2.1% decrease in revenue to $184.156 million from $188.13
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vivid Seats Inc is for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "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 Vivid Seats
Inc
is $7.38​, above​ its last closing price of $4.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.06        0.06       -0.01     Missed  -116.1
 Mar. 31 2024  0.07        0.06       0.04      Missed  -31.2
 Dec. 31 2023  0.07        0.05       0.09      Beat    65.3​
 Sep. 30 2023  0.05        0.04       0.07      Beat    94.4
 ​​Jun.        0.05        0.05       0.20      Beat    337.2
 30 2023                                                
 Mar. 31 2023  0.08        0.08       0.15      Beat    93.4​
 Dec. 31 2022  0.12        0.12       0.13      Beat    6.6
 Sep. 30 2022  0.09        0.11       0.09      Missed  -19
 This summary was machine generated November 6 at 14:32 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)