BuzzFeed: Q1 Earnings Insights

BuzzFeed BZFD reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:20 PM.

Here's what investors need to know about the announcement.

BuzzFeed beat estimated earnings by 3.7%, reporting an EPS of $-0.26 versus an estimate of $-0.27.

Revenue was down $24.41 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 25.78% drop in the share price the next day.

Here's a look at BuzzFeed's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.03	-0.17	-0.13	-0.21
EPS Actual	-0.02	-0.17	-0.17	-0.33
Revenue Estimate	131.25M	94.14M	108.13M	94.46M
Revenue Actual	134.62M	103.73M	106.76M	91.56M

To track all earnings releases for BuzzFeed visit their earnings calendar here.

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

Earnings Calendar