Skillz Inc reports results for the quarter ended December 31 - Earnings Summary

Firy

13/03/2025 21:02

Skillz Inc SKLZ.N reported a quarterly adjusted loss of $1.50​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.04.  The mean expectation of three analysts for the quarter was for a loss of $1.13 per share. Wall Street expected results to range from $-1.25 to -100 cents per share.

Revenue fell 30.1% to $20.37 million from a year ago; analysts expected $25.05 million.

Skillz Inc's reported EPS for the quarter was a loss of $1.50​.

The company reported a quarterly loss of $26.44 million.

Skillz Inc shares had risen by 7.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Skillz Inc is $10.25

This summary was machine generated from LSEG data March 13 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-1.13
-1.50
Missed
Sep. 30 2024
-1.11
-1.20
Missed
Jun. 30 2024
-1.36
-1.10
Beat
Mar. 31 2024
-1.23
-1.45
Missed