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

Nerdy

08/08/2023 23:01

* Nerdy Inc  NRDY.N  reported quarterly breakeven results​​
per
share for the quarter ended in June. The mean expectation of
eight analysts for the quarter was for a loss of one cent per
share.
    * Revenue rose 15.8% to $48.84 million from a year ago;
analysts
expected $45.93 million. 
    * Nerdy Inc's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 55.9%
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 24.9% this quarter and
gained 131.6% so far this year.
    * The company reported a quarterly loss of $3.3 million.
    * Wall Street's median 12-month price target for Nerdy Inc
is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.01          0.00           Beat
 Mar. 31 2023      -0.04          0.00           Beat
 Dec. 31 2022      -0.16          -0.04          Beat
 Sep. 30 2022      -0.29          -0.18          Beat