Upwork Inc reports results for the quarter ended in March - Earnings Summary

Upwork

27/04/2022 22:38

* Upwork Inc  UPWK.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 14
cents per share.
    * Revenue rose 24.4% to $141.34 million from a year ago; 
analysts
expected $136.30 million. 
    * Upwork Inc's reported EPS for the quarter was a loss of 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 594.9% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Upwork Inc shares had fallen by 15.4% this quarter and
lost 42.4% so far this year.
    * The company reported a quarterly loss of $24.74 million.
    * Wall Street's median 12-month price target for Upwork Inc
is
$38.00 
    * 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." 

This summary was machine generated April 27 at 09:38 p.m.  ​All
figures in US dollars unless otherwise stated