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

Olo

10/08/2022 03:04

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on August 11. 
    * The New York City-based  company is expected to report  a
27.6% increase in revenue to $45.818 million from $35.9 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 average consensus recommendation for the software peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for Olo Inc is
$15​,
above​ its last closing price of $12.53. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.00        0.00       0.01      Beat    
 Dec. 31 2022              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.        0.01        0.01       0.03      Beat    213.5
 31 2021                                                
                                                        ​
 This summary was machine generated August 10 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated