Upwork Inc expected to post earnings of 10  cents a share - Earnings Preview

Upwork

04/11/2023 01:37

* Upwork Inc  UPWK.OQ   UPWK.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The San Francisco California-based  company is expected to
report  a 6.0% increase in revenue to $168.193 million from
$158.64 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue between $165.00 million and $170.00 million.
    * ​Refinitiv's mean analyst estimate for Upwork Inc is for
earnings of 10 cents per share. The company's EPS guidance on
August 2 2023, for the period ended September 30, was between
$0.09 and $0.11 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"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
$15​, above​ its last closing price of $11.27. ​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD165 million and
USD17 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.01        0.00       0.10      Beat    2,231
 Mar. 31 2023  -0.07       -0.07      -0.01     Beat    84.8
 Dec. 31 2022  -0.03       -0.03      0.04      Beat    249.5​
 Sep. 30 2022  -0.08       -0.08      -0.03     Beat    61.8
 ​​Jun.        -0.08       -0.08      -0.04     Beat    50.8
 30 2022                                                
 Mar. 31 2022  -0.14       -0.14      -0.03     Beat    78.4​
 Dec. 31 2021  -0.05       -0.05      -0.05     Met     -6.1
 Sep. 30 2021  0.01        0.02       0.04      Beat    166.7
 This summary was machine generated November 4 at 01:37 GMT.  All
figures in US dollars  unless otherwise stated