Squarespace Inc expected to post earnings of 11 cents a share - Earnings Preview

Squarespace

31/07/2024 15:32

* Squarespace Inc  SQSP.N   SQSP.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 2 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
18.4% increase in revenue to $293.134 million from $247.53
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Squarespace Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"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 $44.00​, below​ its last closing price of $44.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.09       -0.09      0.00      Beat    100
 Dec. 31 2024  0.14        0.14       0.04      Missed  -72.3
 Sep. 30 2023  0.13        0.13       -0.12     Missed  -193​
 Jan. 1 0001   0.14        0.13       0.03      Missed  -77.2
 ​​Mar.        -0.05       -0.05      0.00      Beat    100
 31 2023                                                
 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
 This summary was machine generated July 31 at 14:32 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)