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

Nerdy

27/02/2024 23:34

* Nerdy Inc  NRDY.N  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of nine analysts for the quarter
was for a loss of 12 cents per share. Wall Street expected
results to range from -13 cents to -8 cents per share.
    * Revenue rose 31.8% to $55.08 million from a year ago;
analysts
expected $54.83 million. 
    * Nerdy Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The company reported a quarterly loss of $5.66 million.
    * Nerdy Inc shares had fallen by 11.4% 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 "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Nerdy Inc
is
$5.00 

This summary was machine generated from LSEG data February 27 at
11:33 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.12          -0.05          Beat
 Sep. 30 2023      -0.21          -0.13          Beat
 Jun. 30 2023      -0.01          0.00           Beat
 Mar. 31 2023      -0.04          0.00           Beat