Olo Inc expected to post breakeven results a share - Earnings Preview

Olo

07/05/2022 03:05

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on May 10. 
    * The New York City-based  company is expected to report  a
15.5% increase in revenue to $41.714 million from $36.12 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Olo Inc is for
breakeven
results per share. For the same quarter last year, the company
reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Olo Inc is
$20​,
above​ its last closing price of $10.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021              0.02       0.02      Met     0
 Sep. 30 2021  0.02        0.02       0.03      Beat    50
 Jun. 30 2021  0.01        0.01       0.03      Beat    181.2​
 Mar. 31 2021  0.01        0.01       0.03      Beat    213.5
 ​​                                                     
                                                        ​
 This summary was machine generated May 7 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated