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Nextdoor Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Nextdoor Holdings Inc KIND.N reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of five analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -8 cents to -7 cents per share.

Revenue rose 1.9% to $54.18 million from a year ago; analysts expected $53.12 million.

Nextdoor Holdings Inc's reported EPS for the quarter was a loss of 6 cents​.

The company reported a quarterly loss of $21.95 million.

Nextdoor Holdings Inc shares had fallen by 1.3% this quarter and lost 36.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 36.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "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 Nextdoor Holdings Inc is $2.53

This summary was machine generated from LSEG data May 8 at 06:34 a.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
Mar. 31 2025-0.07-0.06Beat
Dec. 31 2024-0.04-0.08Missed
Sep. 30 2024-0.05-0.04Beat
Jun. 30 2024-0.07-0.11Missed

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