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

ThredUp

14/11/2022 22:02

* ThredUp Inc  TDUP.OQ  reported a quarterly adjusted loss
of 24
cents​​ per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for a loss
of 22 cents per share.
    * Revenue rose 7.4% to $67.95 million from a year ago;
analysts
expected $65.22 million. 
    * ThredUp Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
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 fallen by 50.0% this quarter and
lost 92.8% so far this year.
    * The company reported a quarterly loss of $23.68 million.
    * Wall Street's median 12-month price target for ThredUp Inc
is
$6.00 
    * 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." 

This summary was machine generated from Refinitiv data November
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.22          -0.24          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