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Stock impact report

Duolingo, Inc. (DUOL) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]

Duolingo, Inc. - Class A (DUOL) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.53%. Coming into today, shares of the company had lost 14.32% in the past month. In that same time, the Business Services sector lost 2.97%, while the S&P 500 lost 4.03%. Market participants will be closely following the financial results of Duolingo, Inc. in its upcoming release. On that day, Duolingo, Inc. is projected to report earnings of $0.52 per share, which would represent a year-over-year decline of 8.77%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $222.98 million, up 33.08% from the year-ago period. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.61 per share and a revenue of $973.45 million, signifying shifts of +38.83% and +30.14%, respectively, from the last year. Additionally, investors should keep an eye on any recent revisions to an Show less Read more
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