Remitly Global Inc expected to post breakeven results a share - Earnings Preview

Remitly Global

04/08/2025 21:07

Remitly Global Inc RELY.OQ RELY.O is expected to  show a rise in quarterly revenue when it reports  results on August 6 for the period ending June 30 2025

The Seattle Washington-based  company is expected to report a 25.5% increase in revenue to $384.605 million from $306.42 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Remitly Global Inc is for breakeven results per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "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 $27.07, about 41.7% above its last closing price of $15.79

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
-0.03
-0.02
0.05
Beat
318.7
Dec. 31 2025
-0.09
-0.09
-0.03
Beat
65.4
Sep. 30 2024
-0.07
-0.07
0.01
Beat
113.5​
Jun. 30 2024
-0.09
-0.09
-0.06
Beat
36.4
​​Mar. 31 2024
-0.13
-0.14
-0.11
Beat
23.8
Dec. 31 2023
-0.20
-0.19
-0.19
Met
2.6​
Sep. 30 2023
-0.16
-0.16
-0.20
Missed
-25
Jun. 30 2023
-0.16
-0.16
-0.11
Beat
33.3

This summary was machine generated August 4 at 20:07 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)