Beyond Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-10-25

* Beyond Inc reported a quarterly adjusted loss of $1.33​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -61 cents. The mean expectation of ten analysts for the quarter was for a loss of 72 cents per share. Wall Street expected results to range from -81 cents to -59 cents per share.

* Revenue fell 16.6% to $311.43 million from a year ago; analysts expected $353.02 million.

* Beyond Inc's reported EPS for the quarter was a loss of $1.33​.

* The company reported a quarterly loss of $61.03 million.

* Beyond Inc shares had fallen by 5.6% this quarter and lost 65.6% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 15.1% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the online services peer group is "hold."

Wall Street's median 12-month price target for Beyond Inc is 14.00 This summary was machine generated from LSEG data October 24 at 04:23 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

Sep. 30 2024 -0.72 -1.33 Missed

Jun. 30 2024 -0.79 -0.93 Missed

Mar. 31 2024 -0.87 -1.62 Missed

Dec. 31 2023 -0.73 -1.22 Missed

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