Shutterstock (SSTK) Q2 Earnings Lag Estimates

Shutterstock (SSTK) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of$ 1.01 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -0.99%. A quarter ago, it was expected that this online marketplace for royalty-free images and videos would post earnings of$ 0.95 per share when it actually produced earnings of $1.13, delivering a surprise of 18.95%. ...