Nerdy Inc expected to post a loss of 4 cents a share - Earnings Preview

Nerdy

06/05/2023 03:12

* Nerdy Inc  NRDY.N   NRDY.K  is expected to show a fall in
quarterly revenue when it reports  results on May 9. 
    * The St. Louis Missouri-based  company is expected to
report  a
1.3% decrease in revenue to $46.336 million from $46.93 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 4 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
$4.5​, above​ its last closing price of $2.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.16       -0.16      -0.04     Beat    75.3
 Sep. 30 2022  -0.29       -0.29      -0.18     Beat    38.7
 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.        -0.11       -0.09      -0.09     Met     -1.6
 31 2021                                                
 Sep. 30 2021  -0.06       -0.05      -0.19     Missed  -256.2
                                                        ​
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated