ThredUp Inc expected to post a loss of 16 cents a share - Earnings Preview

ThredUp

04/11/2023 03:01

* ThredUp Inc  TDUP.OQ   TDUP.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Oakland California-based  company is expected to
report  a
22.2% increase in revenue to $83.026 million from $67.95 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data. The company's guidance on August 8 2023, for
the period ended September 30, was for revenue between $82.00
million and $84.00 million.
    * ​Refinitiv's mean analyst estimate for ThredUp Inc is for
a loss
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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
$4​, above​ its last closing price of $3.70. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 82 million and -3.78
million (USD).The company's guidance on August 8 2023 for the
period ended September 30 was for gross profit margin between
USD66.5% and USD68.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  -0.22       -0.22      -0.24     Missed  -10.7
 ​​Jun.        -0.22       -0.22      -0.29     Missed  -32.8
 30 2022                                                
 Mar. 31 2022  -0.20       -0.20      -0.21     Missed  -4.5​
 Dec. 31 2021  -0.16       -0.17      -0.18     Missed  -7.8
 Sep. 30 2021  -0.16       -0.16      -0.15     Beat    6.3
 This summary was machine generated November 4 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated