ThredUp Inc reports results for the quarter ended in June - Earnings Summary

ThredUp

15/08/2022 22:44

* ThredUp Inc  TDUP.OQ  reported a quarterly adjusted loss
of 29
cents​​ per share for the quarter ended in June. The mean
expectation of thirteen analysts for the quarter was for a loss
of 22 cents per share.
    * Revenue rose 27.5% to $76.42 million from a year ago;
analysts
expected $75.89 million. 
    * ThredUp Inc's reported EPS for the quarter was a loss
of 29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * ThredUp Inc shares had risen by 28.4% this quarter and
lost 74.8% so far this year.
    * The company reported a quarterly loss of $28.4 million.
    * Wall Street's median 12-month price target for ThredUp Inc
is
$8.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 09:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.22          -0.29          Missed
 Mar. 31 2022      -0.20          -0.21          Missed
 Dec. 31 2021      -0.17          -0.18          Missed
 Sep. 30 2021      -0.16          -0.15          Beat