Skillz Inc SKLZ.N reported a quarterly adjusted loss of $1.20 per share for the quarter , higher than the same quarter last year, when the company reported EPS of $-1.57. The mean expectation of four analysts for the quarter was for a loss of $1.11 per share. Wall Street expected results to range from $-1.50 to -92 cents per share.
Revenue fell 32.6% to $24.56 million from a year ago; analysts expected $26.66 million.
Skillz Inc's reported EPS for the quarter was a loss of $1.20.
The company reported a quarterly loss of $21.12 million.
Skillz Inc shares had risen by 0.2% this quarter and lost 9.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Skillz Inc is $6.50
This summary was machine generated from LSEG data November 8 at 09:03 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 | -1.11 | -1.20 | Missed |
Jun. 30 2024 | -1.36 | -1.10 | Beat |
Mar. 31 2024 | -1.23 | -1.45 | Missed |
Dec. 31 2023 | -1.39 | -1.04 | Beat |
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