Vimeo, Inc. to Post Q2 2022 Earnings of ($0.16) Per Share, KeyCorp Forecasts (NASDAQ:VMEO)

Posted by admin on Apr 15th, 2022 Vimeo, Inc. (NASDAQ:VMEO – Get Rating) – Investment analysts at KeyCorp cut their Q2 2022 earnings per share estimates for Vimeo in a research note issued on Monday, April 11th. KeyCorp analyst J. Patterson now anticipates that the company will earn ($0.16) per share for the quarter, down from their previous estimate of ($0.15). KeyCorp also issued estimates for Vimeo’s Q4 2022 earnings at ($0.13) EPS. Vimeo (NASDAQ:VMEO – Get Rating) last issued its quarterly earnings data on Wednesday, February 9th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06). Vimeo had a negative net margin of 13.47% and a negative return on equity of 12.64%. The business had revenue of $106.12 million for the quarter, compared to analyst estimates of $105.27 million. A number of other research firms also recently commented on VMEO. Jefferies Financial Group reduced their target price on Vimeo from $35.00 to $25.00 in a report on Friday, February 11th. Wells Fargo & Company cut their price target on Vimeo from $33.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, February 14th. Truist…
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