Udemy Inc expected to post a loss of 7 cents a share - Earnings Preview

Udemy

02/08/2023 03:06

* Udemy Inc  UDMY.OQ   UDMY.O  is expected to show a rise in
quarterly revenue when it reports  results on August 3. 
    * The San Francisco California-based  company is expected to
report  a 13.1% increase in revenue to $173.16 million from
$153.11 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. The company's guidance on
May 3 2023, for the period ended June 30, was for revenue
between $172.00 million and $174.00 million.
    * ​Refinitiv's mean analyst estimate for Udemy Inc is for a
loss
of 7 cents per share. 
    * 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."  
    * 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
$13​, above​ its last closing price of $11.69. ​​​

The company's guidance on May 3 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 172 million and -5.22 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  
 Mar. 31 2023  -0.14       -0.14      -0.06     Beat    57
 Dec. 31 2023  -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.        -0.15       -0.14      -0.08     Beat    44.8
 31 2022                                                
 Dec. 31 2021  -0.23       -0.24      -0.25     Missed  -6.3​
 Sep. 30 2021  -0.04       -0.04      -0.04     Met     2.2
 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated