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

Olo

06/05/2023 03:01

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
18.7% increase in revenue to $50.754 million from $42.76 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on February 22
2023, for the period ended March 31, was for revenue between
$50.50 million and $51.00 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​,
above​ its last closing price of $6.68. ​​​

The company's guidance on February 22 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD600 thousand and USD1 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  
 Dec. 31 2022  0.02        0.02       0.03      Beat    82.6
 Sep. 30 2022  0.02        0.01       0.02      Beat    57.4
 Jun. 30 2022  0.00        0.00       0.01      Beat    1,392.
                                                        5​
 Mar. 31 2022  0.00        0.00       0.01      Beat    
 ​​Dec.                    0.02       0.02      Met     0
 31 2021                                                
 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 6 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated