Vizio Holding Corp reports results for the quarter ended in September 30 - Earnings Summary

Vizio Holding

07/11/2024 14:29

* Vizio Holding Corp  VZIO.N  reported quarterly breakeven
results​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 7 cents.  The mean expectation of eight analysts for the
quarter was for a loss of 2 cents per share. Wall Street
expected results to range from -5 cents to 1 cents per share.
    * Revenue rose 4.3% to $444.70 million from a year ago;
analysts
expected $443.80 million. 
    * Vizio Holding Corp's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $500
thousand.
    * Vizio Holding Corp shares had risen by 1.6% this
quarter and
gained 47.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 100%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the household
electronics peer group is also "hold"

Wall Street's median 12-month price target for Vizio Holding
Corp is $11.50 
This summary was machine generated from LSEG data November 7 at
02:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.02          0.00           Beat
 Jun. 30 2024      0.00           0.00           Met
 Mar. 31 2024      0.00           -0.06          Missed
 Dec. 31 2023      0.01           0.07           Beat