Shutterstock Q3 Adj. EPS $0.45 Beats $0.11 Estimate, Sales $173.900M Miss $194.906M Estimate

Benzinga Newsdesk 2 hours ago

NewsEarningsEarnings BeatsEarnings Misses

Shutterstock (NYSE:SSTK) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.11 by 309.09 percent. This is a 54.55 percent decrease over earnings of $0.99 per share from the

Shutterstock (NYSE:SSTK) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.11 by 309.09 percent. This is a 54.55 percent decrease over earnings of $0.99 per share from the same period last year. The company reported quarterly sales of $173.900 million which missed the analyst consensus estimate of $194.906 million by 10.78 percent. This is a 33.14 percent decrease over sales of $260.094 million the same period last year.

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