Blue Apron Holdings, Inc. (NYSE:APRN) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 1.25 per share.
Looking ahead, the full year loss are expected at $ 3.28 per share on the revenues of $ 454.79 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 112.00 million ~ $ 112.00 million
Click Here For More Historical Outlooks Of Blue Apron Holdings, Inc.
Previous Quarter Performance
Blue Apron Holdings, Inc. outlined income for the second quarter of $ 0.08 per share, from the revenue of $ 131.04 million. The quarterly revenues down 5.11 percent compared with the same quarter last year. According to street consensus, APRN was expected to report 2Q20 loss of $ 0.45 per share from revenue of $ 130.00 million. The bottom line results beat street analysts by $ 0.53 or 117.78 percent, at the same time, top line results outshined analysts by $ 1.04 million or 0.80 percent.
Stock Performance
Shares of Blue Apron Holdings, Inc. traded up $ 0.28 or 4.45 percent on Wednesday, reaching $ 6.57 with volume of 1.09 million shares. Blue Apron Holdings, Inc. has traded high as $ 6.60 and has cracked $ 6.03 on the downward trend
According to the previous trading day, closing price of $ 6.57, representing a 212.94 % increase from the 52 week low of $ 2.01 and a 78.19 % decrease over the 52 week high of $ 28.84.
The company has a market capital of $ 115.24 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Blue Apron Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.blueapron.com
Blue Apron Holdings, Inc. operates direct-to-consumer platform that delivers original recipes, and fresh and seasonal ingredients. It also operates Blue Apron Market, an e-commerce marketplace that provides cooking tools, utensils, and pantry items.
