Vizio Holding Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-07

* Vizio Holding Corp reported quarterly breakeven results​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of eight analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -5 cents to 1 cents per share.

* Revenue rose 4.3% to $444.70 million from a year ago; analysts expected $443.80 million.

* Vizio Holding Corp's reported EPS for the quarter was breakeven results​.

* The company reported quarterly net income of $500 thousand.

* Vizio Holding Corp shares had risen by 1.6% this quarter and gained 47.4% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 100% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the household electronics peer group is also "hold"

Wall Street's median 12-month price target for Vizio Holding Corp is $11.50 This summary was machine generated from LSEG data November 7 at 02:29 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.02 0.00 Beat

Jun. 30 2024 0.00 0.00 Met

Mar. 31 2024 0.00 -0.06 Missed

Dec. 31 2023 0.01 0.07 Beat

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