Jefferies Raises Price Target on Shutterstock (SSTK) Following Decent 1Q Report

Go back to Jefferies Raises Price Target on Shutterstock (SSTK) Following Decent 1Q Report

Shutterstock (SSTK) Tops Q1 EPS by 7c

May 4, 2016 8:40 AM EDT

Shutterstock (NYSE: SSTK) reported Q1 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $116.7 million versus the consensus estimate of $115.85 million.

Shutterstock reaffirmed FY2016 guidance.

For earnings history and earnings-related data on Shutterstock (SSTK) click here.

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Trading Radar for 5/4: Tesla (TSLA), Time Warner (TWX), Priceline Group (PCLN), Fitbit (FIT), MetLife (MET) Report

May 3, 2016 2:28 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 196k

8:30am EDT

Productivity: Prelim. - Street sees (1.4%)Unit Labor Costs: Prelim. - Street sees 2.6%Trade Balance - Street sees ($41.4B)

Earnings:

Aircastle Limited (NYSE: AYR) - consensus EPS $0.46
Ares Capital (Nasdaq: ARCC) -... More