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NRDY — Nerdy News Story

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Nerdy Inc reports results for the quarter ended December 31 - Earnings Summary

Nerdy Inc NRDY.N reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of nine analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -19 cents to -11 cents per share.

Revenue fell 12.9% to $47.99 million from a year ago; analysts expected $45.07 million.

Nerdy Inc's reported EPS for the quarter was a loss of 9 cents​.

The company reported a quarterly loss of $10.15 million.

Nerdy Inc shares had fallen by 0.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the online services peer group is also "hold"

Wall Street's median 12-month price target for Nerdy Inc is $2.00

This summary was machine generated from LSEG data February 27 at 10:00 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.16-0.09Beat
Sep. 30 2024-0.24-0.14Beat
Jun. 30 2024-0.11-0.08Beat
Mar. 31 2024-0.11-0.01Beat

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