Beyond Inc reports results for the quarter ended in September 30 - Earnings Summary

Neighborhood Intelligence

24/10/2024 17:23

* Beyond Inc  BYON.N  reported a quarterly adjusted loss of
$1.33​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of -61
cents.  The mean expectation of ten analysts for the quarter was
for a loss of 72 cents per share. Wall Street expected
results to range from -81 cents to -59 cents per share.
    * Revenue fell 16.6% to $311.43 million from a year ago;
analysts
expected $353.02 million. 
    * Beyond Inc's reported EPS for the quarter was a loss of
$1.33​.
    * The company reported a quarterly loss of $61.03 million.
    * Beyond Inc shares had fallen by 5.6% this quarter and
lost 65.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the online
services
peer group is  "hold."

Wall Street's median 12-month price target for Beyond Inc is
14.00 
This summary was machine generated from LSEG data October 24 at
04:23 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
 Sep. 30 2024      -0.72          -1.33          Missed
 Jun. 30 2024      -0.79          -0.93          Missed
 Mar. 31 2024      -0.87          -1.62          Missed
 Dec. 31 2023      -0.73          -1.22          Missed