Eventbrite (NYSE:EB – Get Free Report) will announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Eventbrite has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Eventbrite (NYSE:EB – Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. The company had revenue of $87.76 million during the quarter, compared to the consensus estimate of $88.45 million. Eventbrite had a negative net margin of 8.12% and a negative return on equity of 14.87%. On average, analysts expect Eventbrite to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Eventbrite Price Performance
Shares of EB opened at $5.38 on Tuesday. Eventbrite has a 12-month low of $5.00 and a 12-month high of $11.90. The business’s 50 day moving average is $5.80 and its 200 day moving average is $7.23. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.87. The company has a market capitalization of $548.06 million, a PE ratio of -19.93 and a beta of 2.51.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on Eventbrite
Insider Activity at Eventbrite
In other Eventbrite news, CFO Charles Baker sold 20,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $5.52, for a total value of $110,400.00. Following the transaction, the chief financial officer now directly owns 357,839 shares in the company, valued at approximately $1,975,271.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 17.28% of the stock is owned by company insiders.
Eventbrite Company Profile
Eventbrite, Inc operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, enhance reach, and drive ticket sales.
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