Vivid Seats Inc reports results for the quarter ended December 31 - Earnings Summary

• Vivid Seats Inc SEAT.OQ reported quarterly breakeven results​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of eleven analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 1 cents to 5 cents per share.

• Revenue rose 0.8% to $199.81 million from a year ago; analysts expected $194.20 million.

• Vivid Seats Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $887 thousand.

• Vivid Seats Inc shares had fallen by 18.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Vivid Seats Inc is $6.00

This summary was machine generated from LSEG data March 12 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)