Recap: Farfetch Q1 Earnings
Portfolio Pulse from Benzinga Insights
Farfetch (NYSE:FTCH) reported Q1 earnings with an EPS of $-0.16, beating estimates by 61.9%. Revenue increased by $41.59 million compared to the same period last year. The company has a history of beating EPS estimates, which has led to share price increases.
May 18, 2023 | 8:20 pm
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Farfetch reported better-than-expected Q1 earnings, with an EPS of $-0.16, beating estimates by 61.9%. The company has consistently beaten EPS estimates, leading to share price increases.
Farfetch's Q1 earnings beat estimates by a significant margin, and the company has a history of beating EPS estimates, which has previously led to share price increases. This positive earnings report is likely to have a short-term positive impact on the stock price.
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