Skillz Inc expected to post a loss of $1.41 a share - Earnings Preview

Firy

12/03/2024 20:27

* Skillz Inc  SKLZ.N   SKLZ.K  is expected to show a fall in
quarterly revenue when it reports  results on March 14 for the
period ending December 31 2023
    * The Las Vegas Nevada-based  company is expected to report
a
18.5% decrease in revenue to $38.184 million from $46.87 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Skillz Inc is for a loss
of
$1.41 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
$10.50​, above​ its last closing price of $6.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  -1.37       -1.37      -1.70     Missed  -24.1​
 Dec. 31 2022  -2.42       -2.46      -6.80     Missed  -176.8
 ​​Sep.        -2.60       -2.68      -1.40     Beat    47.8
 30 2022                                                
 Jun. 30 2022  -2.97       -3.14      -2.80     Beat    10.7​
 Mar. 31 2022  -3.72       -3.61      -7.40     Missed  -105.2
 Dec. 31 2021  -2.98       -3.04      -5.00     Missed  -64.3
 This summary was machine generated March 12 at 20:27 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)