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

Olo

20/02/2023 21:43

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on February 22. 
    * The New York City-based  company is expected to report  a
21.4% increase in revenue to $48.504 million from $39.96 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on November 9
2022, for the period ended December 31, was for revenue between
$48.20 million and $48.70 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 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
$9​,
above​ its last closing price of $8.14. ​​​

The company's guidance on November 9 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD2.6 million and USD3 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  
 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. 31 2021              0.02       0.02      Met     0
 ​​Sep.        0.02        0.02       0.03      Beat    50
 30 2021                                                
 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 February 20 at 21:43 GMT. 
All figures in US dollars  unless otherwise stated