Shutterstock Q3 2024 Adj. EPS $1.31 Beats $1.13 Estimate, Sales $250.600M Beat $240.803M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shutterstock reported Q3 2024 earnings per share of $1.31, surpassing the analyst estimate of $1.13. The company's sales reached $250.6 million, exceeding the expected $240.8 million and marking a 7.44% increase from the previous year.
October 29, 2024 | 11:05 am
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Shutterstock's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.31 and sales at $250.6M, indicating strong financial performance.
Shutterstock's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The 7.44% increase in sales compared to the previous year further supports a positive outlook.
CONFIDENCE 95
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