Olo Inc expected to post earnings of 1 cent a share - Earnings Preview

Olo

08/11/2022 01:53

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on November 9. 
    * The New York City-based  company is expected to report  a
24.6% increase in revenue to $46.604 million from $37.39 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on August 11
2022, for the period ended September 30, was for revenue between
$46.50 million and $47.00 million.
    * ​Refinitiv's mean analyst estimate for Olo Inc is for
earnings
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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
$10.5​, above​ its last closing price of $8.18. ​​​

The company's guidance on August 11 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD1.8 million and USD2.2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.00        0.00       0.01      Beat    1,392.
                                                        5
 Mar. 31 2022  0.00        0.00       0.01      Beat    
 Dec. 31 2021              0.02       0.02      Met     0​
 Sep. 30 2021  0.02        0.02       0.03      Beat    50
 ​​Jun.        0.01        0.01       0.03      Beat    181.2
 30 2021                                                
 Mar. 31 2021  0.01        0.01       0.03      Beat    213.5​
 This summary was machine generated November 8 at 01:53 GMT.  All
figures in US dollars  unless otherwise stated