Upwork Inc reports results for the quarter ended December 31 - Earnings Summary

Upwork

12/02/2025 22:36

* Upwork Inc  UPWK.OQ  reported quarterly adjusted earnings
of 30
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 20
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 24 cents per share. Wall Street expected
results to range from 13 cents to 27 cents per share.
    * Revenue rose 4.1% to $191.48 million from a year ago;
analysts
expected $180.94 million. 
    * Upwork Inc's reported EPS for the quarter was $1.03​.
    * The company reported quarterly net income of $147.17
million.
    * Upwork Inc shares had fallen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for Upwork Inc is
$18.00 
This summary was machine generated from LSEG data February 12 at
10:36 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.24           0.30           Beat
 Sep. 30 2024      0.26           0.29           Beat
 Jun. 30 2024      0.23           0.26           Beat
 Mar. 31 2024      0.19           0.22           Beat