Allbirds Inc reports results for the quarter ended in December - Earnings Summary

Allbirds

09/03/2023 23:37

* Allbirds Inc  BIRD.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in December. The mean
expectation of fourteen analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue fell 13.4% to $84.18 million from a year ago;
analysts
expected $96.80 million. 
    * Allbirds Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Allbirds Inc shares had risen by 5.8% this quarter.
    * The company reported a quarterly loss of $24.87 million.
    * Wall Street's median 12-month price target for Allbirds
Inc is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 11:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.12          -0.12          Met
 Sep. 30 2022      -0.17          -0.15          Beat
 Jun. 30 2022      -0.16          -0.12          Beat
 Mar. 31 2022      -0.12          -0.15          Missed