ThredUp Inc <TDUP.OQ> expected to post a loss of 10 cents a share - Earnings Preview
ThredUp Inc TDUP.OQ TDUP.O is expected to show a fall in quarterly revenue when it reports results on March 3 for the period ending December 31 2024
The Oakland California-based company is expected to report a 17.7% decrease in revenue to $67.02 million from $81.39 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $67.20 million and $69.20 million.
LSEG's mean analyst estimate for ThredUp Inc is for a loss of 10 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for ThredUp Inc is $3.00, above its last closing price of $2.40.
The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 67.2 million and -1.8684 million (USD).The company's guidance on November 4 2024 for the period ended December 31 was for gross profit margin between USD72.3% and USD73.3%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.15 | -0.15 | -0.13 | Beat | 11.4 |
Jun. 30 2024 | -0.11 | -0.11 | -0.13 | Missed | -20.4 |
Mar. 31 2024 | -0.14 | -0.14 | -0.15 | Missed | -8.7 |
Dec. 31 2023 | -0.13 | -0.13 | -0.14 | Missed | -9.1 |
Sep. 30 2023 | -0.16 | -0.16 | -0.17 | Missed | -6.7 |
Jun. 30 2023 | -0.23 | -0.23 | -0.18 | Beat | 22 |
Mar. 31 2023 | -0.20 | -0.20 | -0.19 | Beat | 5.5 |
Dec. 31 2022 | -0.20 | -0.20 | -0.16 | Beat | 20 |
This summary was machine generated February 28 at 21:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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