Vivid Seats Inc reports results for the quarter ended in March - Earnings Summary

Vivid Seats

09/05/2023 14:32

* Vivid Seats Inc  SEAT.OQ  reported quarterly adjusted
earnings
of 15 cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
8 cents per share.
    * Revenue rose 23.2% to $161.06 million from a year ago;
analysts
expected $139.87 million. 
    * Vivid Seats Inc's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 30.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Vivid Seats Inc shares had risen by 3.4% this quarter and
gained 8.1% so far this year.
    * The company reported quarterly net income of $12.18
million.
    * Wall Street's median 12-month price target for Vivid Seats
Inc
is $11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.08           0.15           Beat
 Dec. 31 2022      0.12           0.13           Beat
 Sep. 30 2022      0.11           0.09           Missed
 Jun. 30 2022      0.06           0.12           Beat