1stdibs.Com Inc reports results for the quarter ended in December - Earnings Summary

1stdibs.com

28/02/2024 16:36

* 1stdibs.Com Inc  DIBS.OQ  reported a quarterly adjusted
loss
of 7 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of -18 cents.  The mean expectation of two analysts for the
quarter was for a loss of 9 cents per share. Wall Street
expected results to range from -10 cents to -9 cents per share.
    * Revenue fell 8.9% to $20.92 million from a year ago;
analysts
expected $20.74 million. 
    * 1stdibs.Com Inc's reported EPS for the quarter was a loss
of 7
cents​.
    * The company reported a quarterly loss of $2.94 million.
    * 1stdibs.Com Inc shares had risen by 7.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for 1stdibs.Com Inc
is $5.00 
This summary was machine generated from LSEG data February 28 at
04:34 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.09          -0.07          Beat
 Sep. 30 2023      -0.13          -0.08          Beat
 Jun. 30 2023      -0.20          -0.21          Missed
 Mar. 31 2023      -0.23          -0.21          Beat