Overstock.com Inc reports results for the quarter ended in September - Earnings Summary

Neighborhood Intelligence

26/10/2023 14:33

* Overstock.com Inc  OSTK.OQ  reported a quarterly adjusted
loss
of 61 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was for a loss
of 72 cents per share.
    * Revenue fell 18.9% to $373.31 million from a year ago;
analysts
expected $396.15 million. 
    * Overstock.com Inc's reported EPS for the quarter was a
loss of
$1.39​.
    * The mean earnings estimate of analysts had fallen by
about 101.5% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Overstock.com Inc shares had fallen by 3.3% this
quarter and
lost 21.0% so far this year.
    * The company reported a quarterly loss of $63.05 million.
    * Wall Street's median 12-month price target for
Overstock.com Inc
is $19.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.72          -0.61          Beat
 Jun. 30 2023      -0.09          -0.02          Beat
 Mar. 31 2023      -0.15          -0.10          Beat
 Dec. 31 2022      0.02           -0.04          Missed