Remitly Global Inc expected to post a loss of 8 cents a share - Earnings Preview

Remitly Global

09/11/2021 03:27

* Remitly Global Inc  RELY.OQ   RELY.O  is expected to report
results on November 10.
* The Seattle, Washington-based company is expected to report
revenue of $108.782 million, according to the mean estimate from
7 analysts, based on Refinitiv data.  
​* Refinitiv's mean analyst estimate for Remitly Global Inc is
for a loss of 8 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." 
​
* Wall Street's median 12-month price target for Remitly Global
Inc is $49​, about 26.4% above​ its last closing price
of $36.05. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
                                                        ​
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 This summary was machine generated November 9 at 03:27 GMT.  All
figures in US dollars unless otherwise stated