Olo Inc expected to post earnings of 2  cents a share - Earnings Preview

Olo

28/07/2023 22:16

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on August 1. 
    * The New York City-based  company is expected to report  a
16.5% increase in revenue to $53.146 million from $45.6 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. The company's guidance on May 9 2023,
for the period ended June 30, was for revenue between $53.00
million and $53.50 million.
    * ​Refinitiv's mean analyst estimate for Olo Inc is for
earnings
of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$9​,
above​ its last closing price of $7.70. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest and Taxes between USD2
million and USD2.4 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  
 Mar. 31 2023  0.01        0.01       0.03      Beat    101.9
 Dec. 31 2023  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.        0.00        0.00       0.01      Beat    
 31 2022                                                
 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
 This summary was machine generated July 28 at 21:16 GMT.  All
figures in US dollars  unless otherwise stated