Equities research analysts expect that Eventbrite, Inc. (NYSE:EB) will post earnings per share of ($0.14) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Eventbrite’s earnings, with estimates ranging from ($0.17) to ($0.12). Eventbrite posted earnings of ($0.22) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 36.4%. The company is expected to report its next quarterly earnings results on Thursday, February 24th.
According to Zacks, analysts expect that Eventbrite will report full-year earnings of ($1.43) per share for the current year, with EPS estimates ranging from ($1.44) to ($1.42). For the next financial year, analysts anticipate that the company will report earnings of ($0.43) per share, with EPS estimates ranging from ($0.67) to ($0.23). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Eventbrite.
Eventbrite (NYSE:EB) last issued its earnings results on Thursday, October 28th. The company reported ($0.18) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.01. Eventbrite had a negative return on equity of 44.29% and a negative net margin of 93.07%. During the same quarter last year, the firm posted ($0.21) earnings per share.
Shares of EB stock traded up $0.32 during mid-day trading on Thursday, hitting $17.04. 1,039,951 shares of the stock were exchanged, compared to its average volume of 1,185,443. Eventbrite has a 52-week low of $15.53 and a 52-week high of $26.51. The company has a market capitalization of $1.62 billion, a P/E ratio of -11.14 and a beta of 2.88. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.78 and a current ratio of 1.78. The stock’s fifty day moving average price is $19.35.
Eventbrite, Inc provides event management services encompassing online ticketing, event hosting, organization, promotion, and advertising. It offers virtual events, online webinars, online classes, virtual runs, online zumba classes, and online yoga. The company was founded by Alan Michael Braverman, Renaud Visage, Kevin E.
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