Squarespace Inc expected to post earnings of 14 cents a share - Earnings Preview

Squarespace

26/02/2024 14:53

* Squarespace Inc  SQSP.N   SQSP.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
15.3% increase in revenue to $263.708 million from $228.81
million a year ago, according to the mean estimate from 16
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Squarespace Inc is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"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 $35.00​, above​ its last closing price of $32.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.13        0.13       -0.12     Missed  -193
 Jun. 30 2023  0.14        0.13       0.03      Missed  -77.2
 Mar. 31 2023  -0.05       -0.05      0.00      Beat    100​
 Dec. 31 2022  0.08        0.12       -1.72     Missed  -1,483
                                                        .4
 ​​Sep.        0.12        0.11       0.07      Missed  -37.2
 30 2022                                                
 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. 31 2021              0.15                         
 This summary was machine generated February 26 at 14:53 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)