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

ThredUp

09/08/2023 24:51

* ThredUp Inc  TDUP.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss
of 23 cents per share.
    * Revenue rose 8.2% to $82.66 million from a year ago;
analysts
expected $80.99 million. 
    * ThredUp Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ThredUp Inc shares had risen by 45.1% this quarter and
gained 170.2% so far this year.
    * The company reported a quarterly loss of $18.76 million.
    * Wall Street's median 12-month price target for ThredUp Inc
is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 11:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.23          -0.18          Beat
 Mar. 31 2023      -0.20          -0.19          Beat
 Dec. 31 2022      -0.20          -0.16          Beat
 Sep. 30 2022      -0.22          -0.24          Missed