Shutterstock, Inc. (NYSE:SSTK) is reporting second quarter earnings results on Tuesday 28th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 629.97 million, while looking forward to income of $ 1.24 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 665.00 million ~ $ 690.00 million, where as bottomline are predicted in a range of $ 1.42 ~ $ 1.58 per share
Click Here For More Historical Outlooks Of Shutterstock, Inc.
Previous Quarter Performance
Shutterstock, Inc. unfold income for the first quarter of $ 0.26 per share, from the revenue of $ 161.28 million. The quarterly earnings decreased 25.71 percent while revenues fell 1.26 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.22 per share from $ 166.82 million in revenue. The bottom line results beat street analysts by $ 0.04 or 18.18 percent, at the same time, top line results fell short of analysts by $ 5.54 million or 3.32 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Shutterstock, Inc.
Stock Performance
According to the previous trading day, closing price of SSTK was $ 43.40, representing a 50.90 % increase from the 52 week low of $ 28.76 and a 5.61 % decrease over the 52 week high of $ 45.98.
The company has a market capital of $ 1.55 billion and is part of the Technology sector and Internet Content & Information industry.
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Recent Stock Dividend Announcement
On April 28, 2020, the board of directors authorized quarterly dividend of $ 0.17 per share to holders of record as of the close of business on June 4, 2020, with payment date of June 18, 2020 and ex-dividend date on June 3, 2020.
Conference Call
Shutterstock, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.shutterstock.com
Shutterstock, Inc. provides digital content, and tools and services in North America, Europe, and internationally. It offers digital imagery services that include licensed photographs, vectors, illustrations, and video clips, which is used in visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and music services comprising music tracks and sound effects that are used to complement digital imagery.
