Brokers Issue Forecasts for Eventbrite Inc’s Q3 2018 Earnings (EB)

Eventbrite Inc (NYSE:EB) – Equities researchers at SunTrust Banks issued their Q3 2018 EPS estimates for shares of Eventbrite in a research note issued to investors on Monday, October 15th. SunTrust Banks analyst Y. Squali forecasts that the company will post earnings of ($0.64) per share for the quarter. SunTrust Banks currently has a “Hold” rating and a $30.00 price target 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.

EB has been the topic of several other research reports. Stifel Nicolaus began coverage on shares of Eventbrite in a report on Monday. They set a “buy” rating and a $32.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of Eventbrite in a report on Monday. They set a “neutral” rating and a $31.00 price objective on the stock. Goldman Sachs Group began coverage on shares of Eventbrite in a report on Monday. They set a “neutral” rating and a $28.00 price objective on the stock. Finally, Royal Bank of Canada began coverage on shares of Eventbrite in a report on Monday. They set an “outperform” rating and a $37.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Eventbrite has an average rating of “Hold” and a consensus target price of $31.60.

Eventbrite stock opened at $30.55 on Wednesday. Eventbrite has a 12-month low of $27.50 and a 12-month high of $40.25.

Eventbrite Company Profile

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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Earnings History and Estimates for Eventbrite (NYSE:EB)

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