Squarespace Inc reports results for the quarter ended in March - Earnings Summary

Squarespace

09/05/2023 14:34

* Squarespace Inc  SQSP.N  reported quarterly breakeven
results​​
per share for the quarter ended in March. The mean expectation
of fourteen analysts for the quarter was for a loss of 5 cents
per share.
    * Revenue rose 14.1% to $237.03 million from a year ago;
analysts
expected $233.06 million. 
    * Squarespace Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 63.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Squarespace Inc shares had fallen by 12.9% this
quarter and
gained 24.8% so far this year.
    * The company reported quarterly net income of $502
thousand.
    * Wall Street's median 12-month price target for Squarespace
Inc
is $28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          0.00           Beat
 Dec. 31 2022      0.12           -1.72          Missed
 Sep. 30 2022      0.11           0.07           Missed
 Jun. 30 2022      0.16           0.45           Beat