Shutterstock (NYSE:SSTK – Get Free Report) will announce its earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Shutterstock has set its FY24 guidance at $4.18 to $4.32 EPS and its FY 2024 guidance at 4.180-4.320 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Shutterstock (NYSE:SSTK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The business services provider reported $1.00 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.01). Shutterstock had a net margin of 5.33% and a return on equity of 20.45%. The business had revenue of $220.05 million for the quarter, compared to analyst estimates of $213.44 million. During the same period last year, the firm earned $0.76 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, analysts expect Shutterstock to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shutterstock Stock Down 2.8 %
Shutterstock stock opened at $29.50 on Tuesday. The firm has a fifty day moving average of $33.80 and a 200-day moving average of $37.77. Shutterstock has a 52-week low of $29.26 and a 52-week high of $54.40. The firm has a market capitalization of $1.04 billion, a P/E ratio of 22.52 and a beta of 1.09.
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About Shutterstock
Shutterstock, Inc provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects in HD and 4K formats that are integrated into websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage.
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