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Stock impact report

ThredUp (TDUP) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
ThredUp missed analysts' revenue expectations by 3.3% last quarter, reporting revenues of $79.76 million, down 3.5% year on year. It was a disappointing quarter for the company, with revenue guidance for next quarter missing analysts' expectations and a miss of analysts' EBITDA estimates. Is ThredUp a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting ThredUp's revenue to decline 14.2% year on year to $70.37 million, a reversal from the 20.8% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.15 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. ThredUp has missed Wall Street's revenue estimates three times over the last two years. Looking at ThredUp's peers in the apparel, accessories and luxury goods segment, some have already repo Show less Read more
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