Upwork Inc expected to post earnings of 17 cents a share - Earnings Preview

Upwork

12/02/2024 21:03

* Upwork Inc  UPWK.OQ   UPWK.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 10.4% increase in revenue to $178.162 million from
$161.44 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data.The company's guidance on
November 7 2023, for the period ended December 31, was for
revenue between $175.00 million and $180.00 million.
    * ​LSEG's mean analyst estimate for Upwork Inc is for
earnings of
17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 Upwork Inc
is
$17.50​, above​ its last closing price of $14.46. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD175 million and
USD28 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.10        0.10       0.21      Beat    103.2
 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.        -0.08       -0.08      -0.03     Beat    61.8
 30 2022                                                
 Jun. 30 2022  -0.08       -0.08      -0.04     Beat    50.8​
 Mar. 31 2022  -0.14       -0.14      -0.03     Beat    78.4
 Dec. 31 2021  -0.05       -0.05      -0.05     Met     -6.1
 This summary was machine generated February 12 at 21:03 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)