On Wednesday, August 7, Shutterfly SFLY will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Shutterfly EPS is expected to be around a loss of 23 cents, according to sell-side analysts. Sales will likely be near $474.81 million.
In the same quarter last year, Shutterfly posted EPS of 38 cents on sales of $443.37 million. Revenue would be have grown 7.09% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | -2.540 | 5.32 | -2.4 | -0.33 |
EPS Actual | -2.440 | 5.47 | -2.2 | 0.38 |
Stock Performance
Over the last 52-week period, shares are down 38.55%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Shutterfly stock is a Sell. The strength of this rating has dwindled over the past 90 days.
Conference Call
Shutterfly is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: http://ir.shutterfly.com/events-and-presentations/events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.