ThredUp (NASDAQ:TDUP – Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. ThredUp has set its Q1 2024 guidance at EPS and its FY 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.
ThredUp (NASDAQ:TDUP – Get Free Report) last announced its earnings results on Monday, March 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). ThredUp had a negative net margin of 22.12% and a negative return on equity of 61.27%. The business had revenue of $81.39 million for the quarter, compared to analysts’ expectations of $80.30 million. During the same period in the prior year, the business earned ($0.19) earnings per share. On average, analysts expect ThredUp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
ThredUp Trading Down 0.6 %
Shares of TDUP opened at $1.61 on Monday. The business has a 50-day moving average of $1.85 and a 200 day moving average of $2.16. ThredUp has a fifty-two week low of $1.52 and a fifty-two week high of $4.39. The firm has a market cap of $175.22 million, a P/E ratio of -2.37 and a beta of 0.64. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.02 and a current ratio of 1.22.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on ThredUp
Insider Buying and Selling at ThredUp
In other ThredUp news, major shareholder Gs Investment Strategies, Llc sold 30,397 shares of ThredUp stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $2.13, for a total transaction of $64,745.61. Following the completion of the transaction, the insider now owns 3,710,048 shares of the company’s stock, valued at approximately $7,902,402.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 48,168 shares of company stock valued at $100,293 in the last quarter. 34.42% of the stock is currently owned by corporate insiders.
ThredUp Company Profile
ThredUp Inc, together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc was incorporated in 2009 and is headquartered in Oakland, California.
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