Nerdy Inc expected to post a loss of 29 cents a share - Earnings Preview

Nerdy

12/11/2022 03:01

* Nerdy Inc  NRDY.N   NRDY.K  is expected to show a rise in
quarterly revenue when it reports  results on November 14. 
    * The St. Louis Missouri-based  company is expected to
report  a
1.4% increase in revenue to $31.746 million from $31.3 million a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Nerdy Inc is for a
loss
of 29 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 had risen by
about 0.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Nerdy Inc
is $5​,
above​ its last closing price of $2.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  -0.06       -0.05      -0.19     Missed  -256.2
 ​​                                                     
                                                        ​
 This summary was machine generated November 12 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated