Benzinga | Apr 27, 2021 07:06AM EDT

Shutterstock Q1 EPS $0.98 Beats $0.70 Estimate, Sales $188.30M Beat $175.67M Estimate

Shutterstock (NYSE:SSTK) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.70 by 40 percent. This is a 276.92 percent increase over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $188.30 million which beat the analyst consensus estimate of $175.67 million by 7.19 percent. This is a 16.75 percent increase over sales of $161.28 million the same period last year.