Upwork Inc expected to post a loss of 13  cents a share - Earnings Preview

Upwork

26/04/2022 03:03

* Upwork Inc  UPWK.OQ   UPWK.O  is expected to show a rise
in
quarterly revenue when it reports  results on April 27. 
    * The San Francisco California-based  company is expected to
report  a 20.1% increase in revenue to $136.469 million from
$113.62 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Upwork Inc is for a
loss
of 13 cents per share. For the same quarter last year, the
company reported a loss of 6 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Upwork Inc
is
$38​, above​ its last closing price of $20.16. ​​​
    * 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 2021  -0.05       -0.05      -0.05     Met     -6.1
 Sep. 30 2021  0.01        0.02       0.04      Beat    166.7
 Jun. 30 2021  -0.09       -0.09      0.03      Beat    134.1​
 Mar. 31 2021  -0.03       -0.04      -0.06     Missed  -50
 ​​Dec.        -0.04       -0.05      0.01      Beat    120
 31 2020                                                
 Sep. 30 2020  -0.08       -0.08      -0.02     Beat    73.7​
 Jun. 30 2020  -0.09       -0.09      -0.09     Met     4.3
 Mar. 31 2020  -0.06       -0.06      -0.09     Missed  -55.2
 This summary was machine generated April 26 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated