Vizio Holding Corp reports results for the quarter ended in December - Earnings Summary

Vizio Holding

01/03/2023 02:01

* Vizio Holding Corp  VZIO.N  reported quarterly adjusted
earnings
of 3 cents​​ per share for the quarter ended in December. The
mean expectation of eleven analysts for the quarter was
for earnings of 2 cents per share.
    * Revenue fell 15.2% to $533.50 million from a year ago;
analysts
expected $509.56 million. 
    * Vizio Holding Corp's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Vizio Holding Corp shares had risen by 29.7% this quarter.
    * The company reported quarterly net income of $6.3 million.
    * Wall Street's median 12-month price target for Vizio
Holding
Corp is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 02:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.02           0.03           Beat
 Sep. 30 2022      0.01           0.01           Met
 Jun. 30 2022      -0.02          0.01           Beat
 Mar. 31 2022      -0.05          -0.06          Missed