ThredUp Inc expected to post a loss of 22 cents a share - Earnings Preview

ThredUp

11/11/2022 21:10

* ThredUp Inc  TDUP.OQ   TDUP.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 14. 
    * The Oakland California-based  company is expected to
report  a
3.1% increase in revenue to $65.22 million from $63.27 million a
year ago, according to the mean estimate from 11 analysts, based
on Refinitiv data. The company's guidance on August 15 2022, for
the period ended September 30, was for revenue between 64.00
million and 66.00 million.
    * ​Refinitiv's mean analyst estimate for ThredUp Inc is for
a loss
of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"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
$6​, above​ its last closing price of $0.77. ​​​

The company's guidance on August 15 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 64 million and -10.56
million ().The company's guidance on August 15 2022 for the
period ended September 30 was for Capital Expenditures between
12 million and 13 million.The company's guidance on August 15
2022 for the period ended September 30 was for gross profit
margin between 65% and 67%.
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 2022  -0.22       -0.22      -0.29     Missed  -32.8
 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
 ​​Jun.        -0.16       -0.16      -0.15     Beat    6.3
 30 2021                                                
 Mar. 31 2021  -0.16       -0.16      -0.17     Missed  -6.2​
 This summary was machine generated November 11 at 21:10 GMT. 
All figures in US dollars  unless otherwise stated