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

Nerdy

28/02/2023 22:03

* Nerdy Inc  NRDY.N  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 0.5% to $41.80 million from a year ago;
analysts
expected $39.93 million. 
    * Nerdy Inc's reported EPS for the quarter was a loss of 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Nerdy Inc shares had risen by 11.6% this quarter.
    * The company reported a quarterly loss of $8.73 million.
    * Wall Street's median 12-month price target for Nerdy Inc
is
$4.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.16          -0.04          Beat
 Sep. 30 2022      -0.29          -0.18          Beat
 Jun. 30 2022      -0.18          -0.13          Beat
 Mar. 31 2022      -0.13          -0.10          Beat