Upwork Inc expected to post a loss of 8  cents a share - Earnings Preview

Upwork

26/07/2022 24:31

* Upwork Inc  UPWK.OQ   UPWK.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 27. 
    * The San Francisco California-based  company is expected to
report  a 19.0% increase in revenue to $147.804 million from
$124.18 million a year ago, according to the mean estimate from
11 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Upwork Inc is for a
loss
of 8 cents per share. For the same quarter last year, the
company reported earnings of 3 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"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 Upwork Inc
is
$31​, above​ its last closing price of $23.00. ​​​
    * 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 2022  -0.14       -0.14      -0.03     Beat    78.4
 Dec. 31 2022  -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.        -0.03       -0.04      -0.06     Missed  -50
 31 2021                                                
 Dec. 31 2020  -0.04       -0.05      0.01      Beat    120​
 Sep. 30 2020  -0.08       -0.08      -0.02     Beat    73.7
 Jun. 30 2020  -0.09       -0.09      -0.09     Met     4.3
 This summary was machine generated July 25 at 23:31 GMT.  All
figures in US dollars  unless otherwise stated