Overstock.com (NASDAQ:OSTK) is set to announce its Q3 earnings results after the market closes on Monday, January 29th.
Overstock.com (NASDAQ:OSTK) last announced its earnings results on Wednesday, November 8th. The company reported ($0.03) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.06. The company had revenue of $424.00 million during the quarter, compared to analyst estimates of $452.60 million. Overstock.com had a negative net margin of 0.61% and a negative return on equity of 4.95%. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, analysts expect Overstock.com to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Overstock.com (OSTK) opened at $77.65 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.78 and a current ratio of 0.86. The firm has a market cap of $1,943.06, a PE ratio of -180.58 and a beta of 1.36. Overstock.com has a 12 month low of $13.75 and a 12 month high of $89.80.
In other news, insider Jonathan E. Johnson III sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $46.80, for a total value of $187,200.00. Following the completion of the transaction, the insider now owns 44,092 shares of the company’s stock, valued at $2,063,505.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Amit Goyal sold 2,762 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $55.49, for a total transaction of $153,263.38. The disclosure for this sale can be found here. In the last three months, insiders sold 24,386 shares of company stock valued at $1,279,021. Insiders own 28.90% of the company’s stock.
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Overstock.com, Inc is an online retailer and incubator of blockchain technology. Through its online retail business, the Company offers a range of price-competitive brand name, non-brand name and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods.
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