The third quarter financial results of Duolingo (NASDAQ: DUOL) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
It is anticipated by financial experts on Wall Street that the company is set to announce an estimated $0.35 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $189.07 million for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.06. This figure was a result of the company's total revenue, which reached an impressive $137.62 million million during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $736.5 million. Additionally, they expect the company to post profit of $1.88 per share for the fiscal year.
In addition, The firm will review the third quarter financial results on 6th November 2024 at 05:30 PM eastern time, in a conference call with public.
Duolingo (DUOL) closed Friday's regular trading session at $293.68, showing a 0.24 percent gain. The stock fluctuated between $290.63 and $297.66 during the day, with a volume of 374.60 thousand shares.