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

Vizio Holding

10/08/2022 22:03

* Vizio Holding Corp  VZIO.N  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 1.9% to $408.90 million from a year ago;
analysts
expected $413.16 million. 
    * Vizio Holding Corp's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 42.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Vizio Holding Corp shares had risen by 48.5% this
quarter and
lost 47.9% so far this year.
    * The company reported quarterly net income of $2.3 million.
    * Wall Street's median 12-month price target for Vizio
Holding
Corp is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.02          0.01           Beat
 Mar. 31 2022      -0.05          -0.06          Missed
 Dec. 31 2021      -0.18          -0.05          Beat
 Sep. 30 2021      -0.10          -0.10          Met