Vimeo Inc. (NASDAQ: VMEO) Still Needs To Convince Analysts? – Stocks Register

Vimeo Inc. (NASDAQ:VMEO) price closed lower on Monday, May 23, dropping -2.80% below its previous close. A look at the daily price movement shows that the last close reads $8.94, with intraday deals fluctuated between $8.36 and $9.03. Taking into account the 52-week price action we note that the stock hit a 52-week high of $57.00 and 52-week low of $7.68. The stock subtracted -11.96% on its value in the past month. Vimeo Inc., which has a market valuation of $1.45 billion, is expected to release its quarterly earnings report Nov 04, 2021. Analysts tracking VMEO have forecast the quarterly EPS to shrink by -0.17 per share this quarter, while the same analysts predict the annual EPS to hit -$0.58 for the year 2022 and up to -$0.48 for 2023. In this case, analysts estimate an annual EPS growth of -75.80% for the year and 17.20% for the next year. On average, analysts have forecast the company’s revenue for the quarter will hit $108.29 million, with the likely lows of $107.6 million and highs of $109 million. The average estimate suggests sales growth for the quarter will likely rise by 12.70% when compared to those recorded in the same quarter…
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