Riskified Ltd reports results for the quarter ended September 30 - Earnings Summary

Riskified

13/11/2024 15:25

* Riskified Ltd  RSKD.N  reported quarterly adjusted
earnings of 3
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -2 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from 1 cents to 2 cents per share.
    * Revenue rose 9.7% to $78.85 million from a year ago;
analysts
expected $75.03 million. 
    * Riskified Ltd's reported EPS for the quarter was a loss
of 6
cents​.
    * The company reported a quarterly loss of $9.7 million.
    * Riskified Ltd shares had fallen by 9.3% this quarter and
lost 8.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Riskified Ltd is
5.00 
This summary was machine generated from LSEG data November 13 at
03:25 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.02           0.03           Beat
 Jun. 30 2024      0.03           0.04           Beat
 Mar. 31 2024      0.02           0.04           Beat
 Dec. 31 2023      0.03           0.07           Beat