Udemy Inc expected to post a loss of 14 cents a share - Earnings Preview

Udemy

02/05/2023 03:00

* Udemy Inc  UDMY.OQ   UDMY.O  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The San Francisco California-based  company is expected to
report  a 12.3% increase in revenue to $170.929 million from
$152.22 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. The company's guidance on
February 14 2023, for the period ended March 31, was for revenue
between $168.00 million and $172.00 million.
    * ​Refinitiv's mean analyst estimate for Udemy Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 Udemy Inc
is
$16​, above​ its last closing price of $9.29. ​​​

The company's guidance on February 14 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 168 million and -13.76 million
(USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.22       -0.23      -0.16     Beat    29.1
 Sep. 30 2022  -0.17       -0.18      -0.15     Beat    14.3
 Jun. 30 2022  -0.17       -0.16      -0.10     Beat    39.3​
 Mar. 31 2022  -0.15       -0.14      -0.08     Beat    44.8
 ​​Dec.        -0.23       -0.24      -0.25     Missed  -6.3
 31 2021                                                
 Sep. 30 2021  -0.04       -0.04      -0.04     Met     2.2​
 This summary was machine generated May 2 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated