Skillz Inc reports results for the quarter ended in September - Earnings Summary

Firy

02/11/2022 21:53

* Skillz Inc  SKLZ.N  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue fell 41% to $60.26 million from a year ago;
analysts
expected $51.17 million. 
    * Skillz Inc's reported EPS for the quarter was a loss of 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Skillz Inc shares had held steady so far this quarter and
lost 86.3% so far this year.
    * The company reported a quarterly loss of $78.55 million.
    * Wall Street's median 12-month price target for Skillz Inc
is
$1.63 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 09:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.13          -0.18          Missed
 Jun. 30 2022      -0.16          -0.14          Beat
 Mar. 31 2022      -0.18          -0.37          Missed
 Dec. 31 2021      -0.15          -0.25          Missed