What to Expect from Shutterstock's Earnings

Shutterstock SSTK is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Shutterstock to report an earnings per share (EPS) of $1.13.

Shutterstock bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

During the last quarter, the company reported an EPS missed by $0.00, leading to a 0.44% drop in the share price on the subsequent day.

Here's a look at Shutterstock's past performance and the resulting price change:

Stock Performance

Shares of Shutterstock were trading at $29.28 as of October 25. Over the last 52-week period, shares are down 27.73%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Shutterstock visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.