Equities Analysts Set Expectations for Eventbrite Inc’s Q3 2018 Earnings (EB)
Eventbrite Inc (NYSE:EB) – Research analysts at SunTrust Banks issued their Q3 2018 EPS estimates for Eventbrite in a research report issued on Monday, October 15th. SunTrust Banks analyst Y. Squali expects that the company will earn ($0.64) per share for the quarter. SunTrust Banks has a “Hold” rating and a $30.00 price objective on the stock. SunTrust Banks also issued estimates for Eventbrite’s Q4 2018 earnings at ($0.08) EPS, FY2018 earnings at ($0.39) EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.07 EPS, Q3 2019 earnings at $0.04 EPS, Q4 2019 earnings at $0.04 EPS, FY2019 earnings at $0.21 EPS, FY2020 earnings at $0.30 EPS, FY2021 earnings at $0.41 EPS and FY2022 earnings at $0.57 EPS.
A number of other equities research analysts also recently issued reports on EB. Stifel Nicolaus began coverage on shares of Eventbrite in a report on Monday. They issued a “buy” rating and a $32.00 price target on the stock. Goldman Sachs Group began coverage on shares of Eventbrite in a report on Monday. They issued a “neutral” rating and a $28.00 price target on the stock. Royal Bank of Canada began coverage on shares of Eventbrite in a report on Monday. They issued an “outperform” rating and a $37.00 price target on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of Eventbrite in a report on Monday. They issued a “neutral” rating and a $31.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $31.60.
Eventbrite, Inc operates as a technology platform worldwide. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc in 2009.
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