Get ready to mark your calendars because the much anticipated third quarter financial results of ThredUp (NASDAQ: TDUP) are set to be unveiled on Monday 4th November 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
It appears that the enterprise is on the verge of revealing their estimated $0.15 loss per share for the quarter, as well as their total revenue of $70.1 million for this specific period, according to financial experts on Wall Street.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a loss of $0.17 per share. This number was attributed to the company's total revenue, which settled at an impressive $82.05 million during the same period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $300.06 million for the full year. Moreover, they anticipate the earnings per share to reach loss of $0.55 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.13 | +27.8% | 79.76 M | -3.5% |
| Q1 2024 | $-0.15 | +21.1% | 79.59 M | +4.8% |
| Q4 2023 | $-0.14 | +26.3% | 81.39 M | +14.1% |
| Q3 2023 | $-0.17 | +29.2% | 82.05 M | +20.8% |
| Q2 2023 | $-0.18 | +37.9% | 82.66 M | +8.2% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 4th November 2024 at 04:30 PM eastern time to discuss Q3 financial results.
The previous trading day saw ThredUp (TDUP) shares trading between $0.54 and $0.67, besides a volume of 3.78 million shares. The stock closed Friday's regular trading session at $0.55, reflecting 11.29 percent fall.