Remitly Global Inc expected to post a loss of 10  cents a share - Earnings Preview

Remitly Global

01/03/2022 03:06

* Remitly Global Inc  RELY.OQ   RELY.O  is expected
to report
results on March 3.
    * The Seattle Washington-based  company is expected to
report
revenue of $125.354 million, according to the mean estimate from
6 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Remitly Global Inc
is for
a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"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 Remitly
Global
Inc is $35​, about 68.7% above​ its last closing price
of $10.95. ​​​
    * 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 2021  -0.08       -0.08      -0.19     Missed  -137
  2021                                                  
                                                        ​
 ​​                                                     
                                                        ​
 This summary was machine generated March 1 at 03:06 GMT.  All
figures in US dollars  unless otherwise stated