Beyond Inc expected to post a loss of 87 cents a share - Earnings Preview

Neighborhood Intelligence

04/05/2024 03:01

* Beyond Inc  BYON.N   BYON.K  is expected to show a rise in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Midvale Utah-based  company is expected to report a
2.1% increase in revenue to $389.264 million from $381.14
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Beyond Inc is for a loss
of 87
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"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 Beyond Inc
is
$35.00​, above​ its last closing price of $22.28. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for gross profit margin between 16% and 17%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.76       -0.73      -1.22     Missed  -66.6
 Sep. 30 2023  -0.72       -0.72      -0.61     Beat    15.1
 Jun. 30 2023  -0.10       -0.09      -0.02     Beat    77.8​
 Mar. 31 2023  -0.16       -0.15      -0.10     Beat    35.1
 ​​Dec.        0.01        0.02       -0.04     Missed  -300
 31 2022                                                
 Sep. 30 2022  0.09        0.10       0.13      Beat    30​
 Jun. 30 2022  0.29        0.30       0.19      Missed  -35.7
 Mar. 31 2022  0.22        0.23       0.23      Met     2.2
 This summary was machine generated May 4 at 02:01 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)