Skillz Inc expected to post a loss of 7 cents a share - Earnings Preview

Firy

06/05/2023 03:04

* Skillz Inc  SKLZ.N   SKLZ.K  is expected to show a fall in
quarterly revenue when it reports  results on May 9. 
    * The San Francisco California-based  company is expected to
report  a 51.3% decrease in revenue to $45.529 million from
$93.44 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 7 cents 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 had fallen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Skillz Inc
is
$0.6​, below​ its last closing price of $0.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.12       -0.12      -0.34     Missed  -176.8
 Sep. 30 2022  -0.13       -0.13      -0.07     Beat    47.8
 Jun. 30 2022  -0.15       -0.16      -0.14     Beat    10.7​
 Mar. 31 2022  -0.19       -0.18      -0.37     Missed  -105.2
 ​​Dec.        -0.15       -0.15      -0.25     Missed  -64.3
 31 2021                                                
 Sep. 30 2021  -0.17       -0.14      -0.16     Missed  -11.1​
 Jun. 30 2021  -0.09       -0.09      -0.21     Missed  -125.4
 Mar. 31 2021  -0.12       -0.10      -0.12     Missed  -14.6
 This summary was machine generated May 6 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated