Nerdy Inc expected to post a loss of 12 cents a share - Earnings Preview

Nerdy

24/02/2024 03:01

* Nerdy Inc  NRDY.N   NRDY.K  is expected to show a rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The St. Louis Missouri-based  company is expected to
report a
31.2% increase in revenue to $54.829 million from $41.8 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Nerdy Inc is for a loss
of 12
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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 Nerdy Inc
is
$5.00​, above​ its last closing price of $2.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.21       -0.21      -0.13     Beat    37.1
 Jun. 30 2023  -0.02       -0.01      0.00      Beat    126.7
 Mar. 31 2023  -0.04       -0.04      0.00      Beat    105.3​
 Dec. 31 2022  -0.16       -0.16      -0.04     Beat    75.3
 ​​Sep.        -0.29       -0.29      -0.18     Beat    38.7
 30 2022                                                
 Jun. 30 2022  -0.16       -0.18      -0.13     Beat    27.1​
 Mar. 31 2022  -0.12       -0.13      -0.10     Beat    24.5
 Dec. 31 2021  -0.11       -0.09      -0.09     Met     -1.6
 This summary was machine generated February 24 at 03:01 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)