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

ThredUp

09/05/2022 23:37

* ThredUp Inc  TDUP.OQ  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue rose 30.6% to $72.70 million from a year ago; 
analysts
expected $71.29 million. 
    * ThredUp Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ThredUp Inc shares had fallen by 18.7% this quarter and
lost 50.9% so far this year.
    * The company reported a quarterly loss of $20.71 million.
    * Wall Street's median 12-month price target for ThredUp Inc
is
$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 9 at 10:37 p.m.  ​All
figures in US dollars unless otherwise stated