* ThredUp Inc is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending September 30 2024
* The Oakland California-based company is expected to report a 14.6% decrease in revenue to $70.103 million from $82.05 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on August 5 2024, for the period ended September 30, was for revenue between $69.00 million and $71.00 million.
* LSEG's mean analyst estimate for ThredUp Inc is for a loss of 15 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 ThredUp Inc is $3.00, above its last closing price of $0.55.
The company's guidance on August 5 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 69 million and -2.84 million $(USD)$.The company's guidance on August 5 2024 for the period ended September 30 was for gross profit margin between USD69.8% and USD71.8%. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.11 -0.11 -0.13 Missed -20.4
Mar. 31 2024 -0.14 -0.14 -0.15 Missed -8.7
Jan. 1 0001 -0.13 -0.13 -0.14 Missed -9.1
Sep. 30 2023 -0.16 -0.16 -0.17 Missed -6.7
Jan. -0.23 -0.23 -0.18 Beat 22
1 0001
Mar. 31 2023 -0.20 -0.20 -0.19 Beat 5.5
Dec. 31 2022 -0.20 -0.20 -0.16 Beat 20
Sep. 30 2022 -0.22 -0.22 -0.24 Missed -10.7
This summary was machine generated November 2 at 03:55 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)
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