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

Vizio Holding

08/08/2023 23:17

* Vizio Holding Corp  VZIO.N  reported quarterly adjusted
earnings
of 1 cent​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for breakeven
results per share.
    * Revenue fell 3.5% to $394.40 million from a year ago;
analysts
expected $378.61 million. 
    * Vizio Holding Corp's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 150%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vizio Holding Corp shares had risen by 8.9% this
quarter and
lost 0.8% so far this year.
    * The company reported quarterly net income of $1.9 million.
    * Wall Street's median 12-month price target for Vizio
Holding
Corp is $12.88 
    * 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 LSEG Refinitiv data
August 8 at 10:17 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.01           Beat
 Mar. 31 2023      -0.02          0.00           Beat
 Dec. 31 2022      0.02           0.03           Beat
 Sep. 30 2022      0.01           0.01           Met