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

Squarespace

08/11/2022 14:31

* Squarespace Inc  SQSP.N  reported quarterly adjusted
earnings of
7 cents​​ per share for the quarter ended in September. The mean
expectation of thirteen analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue rose 8.3% to $217.70 million from a year ago;
analysts
expected $215.66 million. 
    * Squarespace Inc's reported EPS for the quarter was 7
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Squarespace Inc shares had fallen by 7.9% this quarter and
lost 33.3% so far this year.
    * The company reported quarterly net income of $10.11
million.
    * Wall Street's median 12-month price target for Squarespace
Inc
is $24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.07           Missed
 Jun. 30 2022      0.15           0.45           Beat
 Mar. 31 2022      0.11           -0.67          Missed
 Dec. 31 2021      0.15