Skillz Inc expected to post a loss of $1.23 a share - Earnings Preview

Firy

08/05/2024 01:10

* Skillz Inc  SKLZ.N   SKLZ.K  is expected to show a fall in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Las Vegas Nevada-based  company is expected to report
a
33.5% decrease in revenue to $29.535 million from $44.38 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Skillz Inc is for a loss
of
$1.23 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Skillz Inc
is
$8.50​, above​ its last closing price of $6.61. ​​​

This summary was machine generated May 8 at 00:10 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)