Skillz Inc expected to post a loss of $1.26 a share - Earnings Preview

Firy

01/08/2023 03:08

* Skillz Inc  SKLZ.N   SKLZ.K  is expected to show a fall in
quarterly revenue when it reports  results on August 2. 
    * The Las Vegas Nevada-based  company is expected to report 
a
40.1% decrease in revenue to $43.914 million from $73.34 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Skillz Inc is for a
loss
of $1.26 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Skillz Inc
is
$12​, above​ its last closing price of $11.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -1.37       -1.37      -1.80     Missed  -31.4
 Dec. 31 2023  -2.42       -2.46      -6.80     Missed  -176.8
 Sep. 30 2022  -2.60       -2.68      -1.40     Beat    47.8​
 Jun. 30 2022  -2.97       -3.14      -2.80     Beat    10.7
 ​​Mar.        -3.72       -3.61      -7.40     Missed  -105.2
 31 2022                                                
 Dec. 31 2021  -2.98       -3.04      -5.00     Missed  -64.3​
 Sep. 30 2021  -3.32       -2.88      -3.20     Missed  -11.1
 Jun. 30 2021  -1.74       -1.86      -4.20     Missed  -125.4
 This summary was machine generated August 1 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated