Veritone VERI announces its next round of earnings this Wednesday, August 7. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Veritone EPS is expected to be around a loss of 47 cents, according to sell-side analysts. Sales will likely be near $12.22 million.
In the same quarter last year, Veritone reported a loss per share of 88 cents on revenue of $4.17 million. Sales would be up 193.19% from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.850 | -0.72 | -0.78 | -0.85 |
| EPS Actual | -0.840 | -0.92 | -0.86 | -0.88 |
Stock Performance
Over the last 52-week period, shares are down 52.3%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Veritone stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Veritone is scheduled to hold a conference call at 4:30 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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