Vivid Seats Inc expected to post earnings of 6 cents a share - Earnings Preview

Vivid Seats

03/05/2024 15:50

* Vivid Seats Inc  SEAT.OQ   SEAT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Chicago Illinois-based  company is expected to report
a
12.8% increase in revenue to $181.668 million from $161.06
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vivid Seats Inc is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Vivid Seats
Inc
is $10.00​, above​ its last closing price of $5.38. ​​​

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  0.07        0.05       0.09      Beat    65.3
 Sep. 30 2023  0.05        0.04       0.07      Beat    94.4
 Jan. 1 0001   0.05        0.05       0.20      Beat    337.2​
 Dec. 31 2022  0.08        0.08       0.15      Beat    93.4
 ​​Dec.        0.12        0.12       0.13      Beat    6.6
 31 2022                                                
 Sep. 30 2022  0.09        0.11       0.09      Missed  -19​
 Jun. 30 2022  0.06        0.06       0.12      Beat    104.9
 Mar. 31 2022  0.01        0.01       0.04      Beat    391.2
 This summary was machine generated May 3 at 14:50 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)