Olo Inc expected to post earnings of 4  cents a share - Earnings Preview

Olo

04/11/2023 01:39

* Olo Inc  OLO.N   OLO  is expected to show a rise in
quarterly
revenue when it reports  results on November 6. 
    * The New York City-based  company is expected to report  a
19.1% increase in revenue to $56.312 million from $47.27 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. The company's guidance on August 1 2023, for
the period ended September 30, was for revenue between $56.00
million and $56.50 million.
    * ​Refinitiv's mean analyst estimate for Olo Inc is for
earnings
of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $5.76. ​​​

The company's guidance on August 1 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD5.1 million and USD5.5 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 2023  0.03        0.02       0.04      Beat    63.7
 Mar. 31 2023  0.01        0.01       0.03      Beat    101.9
 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.        0.00        0.00       0.01      Beat    1,392.
 30 2022                                                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
 This summary was machine generated November 4 at 01:39 GMT.  All
figures in US dollars  unless otherwise stated