Squarespace Inc expected to post a loss of 5 cents a share - Earnings Preview

Squarespace

05/05/2023 19:34

* Squarespace Inc  SQSP.N   SQSP.K  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The New York City-based  company is expected to report  a
12.2% increase in revenue to $233.06 million from $207.76
million a year ago, according to the mean estimate from 14
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Squarespace Inc is
for a
loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 11
"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 Squarespace
Inc
is $28​, above​ its last closing price of $26.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.08        0.12       -1.72     Missed  -1,483
                                                        .4
 Sep. 30 2022  0.12        0.11       0.07      Missed  -37.2
 Jun. 30 2022  0.16        0.16       0.45      Beat    178.1​
 Mar. 31 2022  0.13        0.12       -0.67     Missed  -672.6
 ​​Dec.                    0.15                         
 31 2021                                                
 Sep. 30 2021  0.14        0.14       0.16      Beat    12.3​
 Jun. 30 2021  0.02        0.03       0.28      Beat    988.9
 This summary was machine generated May 5 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated