BuzzFeed Inc reports results for the quarter ended June 30 - Earnings Summary

• BuzzFeed Inc BZFD.OQ reported a quarterly adjusted loss of 28 cents​​ per share for the quarter ended June 30. The lone analyst forecast for the quarter was for a loss of 23 cents per share.

• Revenue was $46.39 million​; analysts expected $39.43 million.

• BuzzFeed Inc's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $10.82 million.

• BuzzFeed Inc shares had risen by 3.0% this quarter and lost 22.8% so far this year.

FORECAST CHANGES

• 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 1 "strong buy" or "buy," no "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 BuzzFeed Inc is $4.00, about 48.5% above its last closing price of $2.06

This summary was machine generated from LSEG data August 8 at 06:24 a.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)