Nerdy Inc expected to post a loss of 24 cents a share - Earnings Preview

Nerdy

06/11/2024 04:49

* Nerdy Inc  NRDY.N   NRDY.K  is expected to show a fall in
quarterly revenue when it reports  results on November 7 for the
period ending January 1 0001
    * The St. Louis Missouri-based  company is expected to
report a
9.0% decrease in revenue to $36.67 million from $40.3 million a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Nerdy Inc is for a loss
of 24
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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
3.00​, above​ its last closing price of $0.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.11       -0.11      -0.08     Beat    26.4
 Mar. 31 0001  -0.11       -0.11      -0.01     Beat    91.1
 Sep. 30 2023  -0.11       -0.12      -0.05     Beat    56.8​
 Sep. 30 2023  -0.21       -0.21      -0.13     Beat    37.1
 ​​Jan.        -0.02       -0.01      0.00      Beat    126.7
 1 0001                                                 
 Mar. 31 2023  -0.04       -0.04      0.00      Beat    105.3​
 Jan. 1 0001   -0.16       -0.16      -0.04     Beat    75.3
 Jan. 1 0001   -0.29       -0.29      -0.18     Beat    38.7
 This summary was machine generated November 6 at 04:49 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)