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

1stdibs.com

06/08/2024 14:52

* 1stdibs.Com Inc  DIBS.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -21 cents.  The mean expectation of two analysts for the
quarter was for a loss of 8 cents per share. Wall Street
expected results to range from -11 cents to -6 cents per share.
    * Revenue rose 6.3% to $22.24 million from a year ago;
analysts
expected $21.81 million. 
    * 1stdibs.Com Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The company reported a quarterly loss of $4.44 million.
    * 1stdibs.Com Inc shares had fallen by 9.4% this quarter and
lost 13.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," 1
"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 $8.00 
This summary was machine generated from LSEG data August 6 at
01:51 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
 Jun. 30 2024      -0.08          -0.12          Missed
 Mar. 31 2024      -0.08          -0.08          Met
 Dec. 31 2023      -0.09          -0.07          Beat
 Sep. 30 2023      -0.13          -0.08          Beat