ThredUp Inc expected to post a loss of 10 cents a share - Earnings Preview

ThredUp

28/02/2025 21:22

ThredUp Inc TDUP.OQ TDUP.O is expected to show a fall in quarterly revenue when it reports  results on March 3 for the period ending December 31 2024

The Oakland California-based  company is expected to report a 17.7% decrease in revenue to $67.02 million from $81.39 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $67.20 million and $69.20 million.

​LSEG's mean analyst estimate for ThredUp Inc is for a loss of 10 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 ThredUp Inc is $3.00​, above​ its last closing price of $2.40. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 67.2 million and -1.8684 million (USD).The company's guidance on November 4 2024 for the period ended December 31 was for gross profit margin between USD72.3% and USD73.3%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.15
-0.15
-0.13
Beat
11.4
Jun. 30 2024
-0.11
-0.11
-0.13
Missed
-20.4
Mar. 31 2024
-0.14
-0.14
-0.15
Missed
-8.7​
Dec. 31 2023
-0.13
-0.13
-0.14
Missed
-9.1
​​Sep. 30 2023
-0.16
-0.16
-0.17
Missed
-6.7
Jun. 30 2023
-0.23
-0.23
-0.18
Beat
22​
Mar. 31 2023
-0.20
-0.20
-0.19
Beat
5.5
Dec. 31 2022
-0.20
-0.20
-0.16
Beat
20

This summary was machine generated February 28 at 21:22 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)