Duolingo Inc reports results for the quarter ended March 31 - Earnings Summary

Duolingo

02/05/2025 05:28

Duolingo Inc DUOL.OQ reported quarterly adjusted earnings of 72 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 57 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 38 cents to 64 cents per share.

Revenue rose 37.7% to $230.70 million from a year ago; analysts expected $222.98 million.

Duolingo Inc's reported EPS for the quarter was 72 cents​.

The company reported quarterly net income of $35.1 million.

Duolingo Inc shares had risen by 25.4% this quarter and gained 20.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 23.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 9 "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 Duolingo Inc is $400.00

This summary was machine generated from LSEG data May 2 at 04:27 a.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
Mar. 31 2025
0.51
0.72
Beat
Dec. 31 2024
0.48
0.30
Missed
Sep. 30 2024
0.35
0.49
Beat
Jun. 30 2024
0.32
0.51
Beat