Shutterstock Q2 Adj. EPS $0.82 Beats $0.11 Estimate, Sales $221.801M Beat $196.358M Estimate
Shutterstock (NYSE:SSTK) reported quarterly earnings of $0.82 per share which beat the analyst consensus estimate of $0.11 by 645.45 percent. This is a 31.09 percent decrease over earnings of $1.19 per share from the
Shutterstock made way more money than experts thought it would this quarter, earning $0.82 per share when people expected only $0.11. This shows the company is doing better than many people predicted, which is a good sign to watch when thinking about how strong the business really is.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.