ThredUp Inc expected to post a loss of 10 cents a share - Earnings Preview

Reuters
03-01
ThredUp Inc <tdup.oq> expected to post a loss of 10 cents a share - Earnings Preview </tdup.oq>
  • ThredUp Inc TDUP.OQ TDUP.O is expected to show a fall in quarterly revenue when it reports results on March 3 for the period ending December 31 2024

  • The Oakland California-based company is expected to report a 17.7% decrease in revenue to $67.02 million from $81.39 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $67.20 million and $69.20 million.

  • ​LSEG's mean analyst estimate for ThredUp Inc is for a loss of 10 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 $2.40. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 67.2 million and -1.8684 million $(USD)$.The company's guidance on November 4 2024 for the period ended December 31 was for gross profit margin between USD72.3% and USD73.3%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.15

-0.15

-0.13

Beat

11.4

Jun. 30 2024

-0.11

-0.11

-0.13

Missed

-20.4

Mar. 31 2024

-0.14

-0.14

-0.15

Missed

-8.7​

Dec. 31 2023

-0.13

-0.13

-0.14

Missed

-9.1

​​Sep. 30 2023

-0.16

-0.16

-0.17

Missed

-6.7

Jun. 30 2023

-0.23

-0.23

-0.18

Beat

22​

Mar. 31 2023

-0.20

-0.20

-0.19

Beat

5.5

Dec. 31 2022

-0.20

-0.20

-0.16

Beat

20

This summary was machine generated February 28 at 21:22 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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