Skillz Inc expected to post a loss of $1.35 a share - Earnings Preview

Firy

29/07/2024 13:20

* Skillz Inc  SKLZ.N   SKLZ.K  is expected to show a fall in
quarterly revenue when it reports  results on July 31
(estimated) for the period ending June 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
33.7% decrease in revenue to $26.634 million from $40.17 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Skillz Inc is for a loss
of
$1.35 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Skillz Inc
is
$7.00​, above​ its last closing price of $6.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.23       -1.23      -1.45     Missed  -17.4
 Dec. 31 2024  -1.32       -1.39      -1.04     Beat    25.4
 Sep. 30 2023  -1.38       -1.41      -1.57     Missed  -11.1​
 Jun. 30 2023  -1.28       -1.26      -1.77     Missed  -40.8
 ​​Mar.        -1.37       -1.37      -1.70     Missed  -24.1
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated July 29 at 12:20 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)