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

Vizio Holding

10/05/2023 12:16

* Vizio Holding Corp  VZIO.N  reported quarterly breakeven
results​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue fell 26.5% to $356.70 million from a year ago;
analysts
expected $353.37 million. 
    * Vizio Holding Corp's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had fallen by
about 180.6% 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 fallen by 5.9% this
quarter and
gained 16.6% so far this year.
    * The company reported a quarterly loss of $700 thousand.
    * 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 LSEG Refinitiv data May
10 at 11:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.02          0.00           Beat
 Dec. 31 2022      0.02           0.03           Beat
 Sep. 30 2022      0.01           0.01           Met
 Jun. 30 2022      -0.02          0.01           Beat